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Justin Adian - Hideaway

Justin Adian

Hideaway

Found at Sothebys, New York
Contemporary Art Day Auction, Lot 478
17. May - 17. May 2018
Estimate: XX.XXX
Price realised: XX.XXX
Justin Adian
B. 1976
HIDEAWAY
signed, titled and dated 2010 on the reverse
oil enamel and spray paint on ester foam and canvas
13 1/2 by 7 3/4 by 2 1/2 in. 34.3 by 19.7 by 6.4 cm.
Half Gallery, New York | Acquired from the above by the present owner

Auction result misses estimated price range

When the work Hideaway by Justin Adian was auctioned at Sothebys in New York in May 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 8,000.00 – 12,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 6,000.00 (€ 5,141.39). Admittedly, works by Justin Adian have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Non-Site Healing in November 2014 with an auction result of USD 52,500.00 (€ 42,209.36).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Hideaway von Justin Adian im Mai 2018 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 8.000,00 – 12.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 6.000,00 (€ 5.141,39) den Besitzer. Freilich wurden Arbeiten von Justin Adian auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Non-Site Healing im November 2014 mit einem Auktionsergebnis von USD 52.500,00 (€ 42.209,36).

Justin Adian - Auction history

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