Karl Lagerfeld

Illustration of André Leon Talley

Found at Christies, New York
The Collection of André Leon Talley, Lot 44
15. Feb - 15. Feb 2023
Estimate: 800 - 1.200 USD
Price realised: 32.760 USD
KARL LAGERFELD (1933-2019)
Illustration of André Leon Talley
inscribed 'La Tsarina on her way back to the Winterpalace / Love Karl' and 'this is not a page from my diary' (overall)
pastel and pencil on paper
9 3/4 x 9 3/4 in. (24.8 x 24.8 cm.)

Artwork auctioned at 27 times the upper estimate price

When the work Illustration of André Leon Talley by Karl Lagerfeld was auctioned at Christies in New York in February this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 1,200.00 but the actual price achieved was more than 27 times as high at USD 32,760.00 (€ 30,899.83). Despite this good result, it is not the highest hammer price for an artwork by Karl Lagerfeld; that achieved among the auctions we observed the lot Sans titre sold at auction in December 2021 with the realized price of EUR 52,500.00.

Kunstwerk zum 27-fachen des oberen Schätzpreises versteigert

Als die Arbeit Illustration of André Leon Talley von Karl Lagerfeld im Februar diesen Jahres bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 1.200,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 32.760,00 (€ 30.899,83) mehr als 27-mal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Karl Lagerfeld; den erzielte unter den von uns beobachteten Auktionen die Arbeit Sans titre im Dezember 2021 mit dem Hammerpreis von EUR 52.500,00.

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