Josef Ongenae

Lake Shore Drive

Found at Sothebys, London
Impressionist & Modern Art Day Sale,, Lot 128
5. Feb - 5. Feb 2020
Estimate: 4.000 - 6.000 GBP
Price realised: 10.000 GBP
Josef Ongenae
1921 - 1993
LAKE SHORE DRIVE
signed Joseph-Jean-Marie Ongenae on the reverse 
oil and black tape on board
98.5 by 87cm., 38 3/4 by 34 1/4 in.
Painted circa 1960.
Collection Allert Warners, Amsterdam | Acquired from the above by the present owner in 1980

Upper estimate price exceeded by 67 %.

In February 2020 Sothebys in London held the auction Impressionist & Modern Art Day Sale,, which included the work Lake Shore Drive by Josef Ongenae. The »bidding war« ended at GBP 10,000.00 (€ 11,590.02), 67% above the upper estimate. Despite this good result, it is not the highest hammer price for an artwork by Josef Ongenae; that achieved among the auctions we observed the lot Belgian Composition Périphérique sold at auction in March 2010 with the realized price of EUR 17,500.00.

Oberer Schätzpreis um 67 % übertroffen

Im Februar 2020 führte Sothebys in London die Auktion Impressionist & Modern Art Day Sale, durch, in der auch die Arbeit Lake Shore Drive von Josef Ongenae zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 10.000,00 (€ 11.590,02) und damit 67% über dem oberen Schätzpreis. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Josef Ongenae; den erzielte unter den von uns beobachteten Auktionen die Arbeit Belgian Composition Périphérique im März 2010 mit dem Hammerpreis von EUR 17.500,00.

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