Kay Sage
Ring Of Iron, Ring Of Wool
Found at
Christies,
New York
Impressionist and Modern Evening Sale, Lot 23 C
12. Nov - 12. Nov 2015
Impressionist and Modern Evening Sale, Lot 23 C
12. Nov - 12. Nov 2015
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
signed and dated 'Kay Sage '47' (lower right); signed and dated again, titled and inscribed 'SAGE 1947 RING OF IRON RING OF WOOL WOODBURY CONN.' (on the stretcher)
oil on canvas
54 x 37 7/8 in. (137 x 96.2 cm.)
Painted in 1947
Julien Levy Gallery, New York (acquired from the artist, 1947). | Catherine Viviano Gallery, New York. | Mr. Melvin and Dr. Helen W. Boigon, New York (1960). | Maxwell Davidson Gallery, New York. | Hirschl & Adler Galleries, Inc., New York. | Maxwell Davidson Gallery, New York. | Meredith Palmer Gallery, New York (acquired from the above, 11 May 1987). | Private collection, United States (acquired from the above). | Alan Koppel Gallery, Chicago. | Ubu Gallery, New York.
oil on canvas
54 x 37 7/8 in. (137 x 96.2 cm.)
Painted in 1947
Julien Levy Gallery, New York (acquired from the artist, 1947). | Catherine Viviano Gallery, New York. | Mr. Melvin and Dr. Helen W. Boigon, New York (1960). | Maxwell Davidson Gallery, New York. | Hirschl & Adler Galleries, Inc., New York. | Maxwell Davidson Gallery, New York. | Meredith Palmer Gallery, New York (acquired from the above, 11 May 1987). | Private collection, United States (acquired from the above). | Alan Koppel Gallery, Chicago. | Ubu Gallery, New York.
Artwork auctioned at ten times the upper estimate price
When the work Ring Of Iron, Ring Of Wool by Kay Sage was auctioned at Christies in New York in November 2015, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 120,000.00 but the actual price achieved was more than ten times as high at USD 1,205,000.00 (€ 1,140,882.41). Admittedly, works by Kay Sage have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Le Passage in February 2014 with an auction result of GBP 4,338,500.00 (€ 5,263,644.43).
Kunstwerk zum Zehnfachen des oberen Schätzpreises versteigert
Als die Arbeit Ring Of Iron, Ring Of Wool von Kay Sage im November 2015 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 120.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 1.205.000,00 (€ 1.140.882,41) mehr als zehnmal so hoch. Freilich wurden Arbeiten von Kay Sage auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Le Passage im Februar 2014 mit einem Auktionsergebnis von GBP 4.338.500,00 (€ 5.263.644,43).
Kay Sage - Auction history
