Lea Nikel
Untitled (Red)
Estimate: 12.000 - 18.000 USD
Price realised: 21.250 USD
Price realised: 21.250 USD
Description
Lea Nikel
1918 - 2005
UNTITLED (RED)
signed Lea Nikel and dated 88 (lower left); signed and dated again (on the reverse)
acrylic on canvas
54 by 54 in.
137.2 by 137.2 cm
Painted in 1988.
Barbara Scott Gallery, Bay Harbor Islands | Private Collection, Miami (acquired directly from the above in 1992)
1918 - 2005
UNTITLED (RED)
signed Lea Nikel and dated 88 (lower left); signed and dated again (on the reverse)
acrylic on canvas
54 by 54 in.
137.2 by 137.2 cm
Painted in 1988.
Barbara Scott Gallery, Bay Harbor Islands | Private Collection, Miami (acquired directly from the above in 1992)
Upper estimated price slightly exceeded
The work Untitled (Red) by Lea Nikel was auctioned at Sothebys in New York in December 2015. It achieved a price of USD 21,250.00 (€ 19,569.02), exceeding the upper end of the estimate range by 18%. 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).
Oberer Schätzpreis leicht übertroffen
Die Arbeit Untitled (Red) von Lea Nikel kam im Dezember 2015 bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 21.250,00 (€ 19.569,02) und übertraf damit das obere Ende der Schätzpreisspanne um 18%. 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.