- Art.Salon
- Artists
- Josiah Mcelheny
- Theory Of Tears
Josiah Mcelheny
Theory Of Tears
Found at
Sothebys,
New York
Contemporary Art, Lot 316
22. Sep - 22. Sep 2011
Contemporary Art, Lot 316
22. Sep - 22. Sep 2011
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Josiah McElheny
B. 1966
THEORY OF TEARS
Hand blown glass, wood, sheet glass, museum mounting hardware velvet and text
case: 29 by 36 by 10 1/2 in.
73.6 by 91.4 by 26.6 cm.
Executed in 1995.
Donald Young Gallery, Chicago | Acquired by the present owner from the above, 2001
B. 1966
THEORY OF TEARS
Hand blown glass, wood, sheet glass, museum mounting hardware velvet and text
case: 29 by 36 by 10 1/2 in.
73.6 by 91.4 by 26.6 cm.
Executed in 1995.
Donald Young Gallery, Chicago | Acquired by the present owner from the above, 2001
Auction result misses estimated price range
When the work Theory Of Tears by Josiah Mcelheny was auctioned at Sothebys in New York in September 2011, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 60,000.00 – 80,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 40,625.00 (€ 30,206.71). However, buyers have had to dig much deeper into their pockets for other works by Josiah Mcelheny - we have observed the highest auction result to date for the work EARLY MODERNISM MIRRORED AND REFLECTED INFINITELY, which sold at auction in May 2011 for USD 146,500.00 (€ 101,905.95).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Theory Of Tears von Josiah Mcelheny im September 2011 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 60.000,00 – 80.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 40.625,00 (€ 30.206,71) den Besitzer. Für andere Arbeiten von Josiah Mcelheny mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit EARLY MODERNISM MIRRORED AND REFLECTED INFINITELY beobachtet, die im Mai 2011 für USD 146.500,00 (€ 101.905,95) versteigert wurde.
