Lea Nikel
Abstract Composition
Found at
Sothebys,
New York
Israeli & International Art, Lot 54
15. Dec - 15. Dec 2016
Israeli & International Art, Lot 54
15. Dec - 15. Dec 2016
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Lea Nikel
1918 - 2005
ABSTRACT COMPOSITION
Signed in Hebrew and dated 95-4 (lower right); signed LEA NIKEL and dated 94 (on the reverse)
Acrylic on canvas, unframed
53 by 65 in.
134.6 by 165.1 cm
Painted in 1994-95.
Gallery Art Givon, Tel Aviv | Acquired from the above by the present owner
1918 - 2005
ABSTRACT COMPOSITION
Signed in Hebrew and dated 95-4 (lower right); signed LEA NIKEL and dated 94 (on the reverse)
Acrylic on canvas, unframed
53 by 65 in.
134.6 by 165.1 cm
Painted in 1994-95.
Gallery Art Givon, Tel Aviv | Acquired from the above by the present owner
Auction result well in line with expectations
The work Abstract Composition by Lea Nikel was auctioned at Sothebys in New York in December 2016. The estimated price for the artwork was previously given by the auction house with a range of USD 20,000.00 – 30,000.00, the actual price achieved of USD 22,500.00 (€ 21,322.97) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Lea Nikel - we have observed the highest auction result to date for the work without title, which sold at auction in December 2014 for USD 56,250.00 (€ 46,483.76).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Abstract Composition von Lea Nikel kam im Dezember 2016 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von USD 22.500,00 (€ 21.322,97) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Lea Nikel mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ohne Titel beobachtet, die im Dezember 2014 für USD 56.250,00 (€ 46.483,76) versteigert wurde.