Karl Lagerfeld

Parisian sketch

Found at Christies, New York
The Collection of André Leon Talley, Lot 46
15. Feb - 15. Feb 2023
Estimate: 800 - 1.200 USD
Price realised: 25.200 USD
KARL LAGERFELD (1933-2019)
Parisian sketch
signed and inscribed (on verso)
pastel and ink on paper
11 1/2 x 8 1/8 in. (29.2 x 20.6 cm.) (sight size)

Artwork auctioned at 21 times the upper estimate price

When the work Parisian sketch 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 21 times as high at USD 25,200.00 (€ 23,769.10). However, buyers have had to dig much deeper into their pockets for other works by Karl Lagerfeld - we have observed the highest auction result to date for the work Sans titre, which sold at auction in December 2021 for EUR 52,500.00.

Kunstwerk zum 21-fachen des oberen Schätzpreises versteigert

Als die Arbeit Parisian sketch 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 25.200,00 (€ 23.769,10) mehr als 21-mal so hoch. Für andere Arbeiten von Karl Lagerfeld mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Sans titre beobachtet, die im Dezember 2021 für EUR 52.500,00 versteigert wurde.

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