Jules Olitski

Galatea

Found at Christies, New York (Online Auction)
First Open | Post-War & Contemporary Art, Lot 52
8. Jul - 20. Jul 2022
Estimate: 10.000 - 15.000 USD
Price realised: 20.160 USD
JULES OLITSKI (1922-2007) Galatea signed, titled and dated '"Galatea" Jules Olitski 1990' (on the reverse). acrylic on canvas 19 x 24 in. (48.3 x 60.9 cm.) Painted in 1990.

Upper estimate price exceeded by 34 %.

The work Galatea by Jules Olitski was auctioned at Christies in New York in July last year. It achieved a price of USD 20,160.00 (€ 19,760.83), exceeding the upper end of the estimate range by 34%. Of course, this price has nothing to do with the top prices that other works by Jules Olitski achieve. The highest price we have observed so far was reached by the work Blue Crazy in May 2021 with an auction result of USD 774,000.00 (€ 634,738.40).

Oberer Schätzpreis um 34 % übertroffen

Die Arbeit Galatea von Jules Olitski kam im Juli letzten Jahres bei Christies in New York zur Auktion. Sie erzielte dabei einen Preis von USD 20.160,00 (€ 19.760,83) und übertraf damit das obere Ende der Schätzpreisspanne um 34%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Jules Olitski erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Blue Crazy im Mai 2021 mit einem Auktionsergebnis von USD 774.000,00 (€ 634.738,40).

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