Lee Gatch
Untitled
Estimate: 1.000 - 1.500 USD
Price realised: 504 USD
Price realised: 504 USD
Description
THIS LOT IS BEING OFFERED AT NO RESERVE
Property of the Solomon R. Guggenheim Museum, Sold to Benefit the Art Fund
LEE GATCH
1902 - 1968
UNTITLED
signed
oil on canvas
Canvas: 16 by 12 in. (40.6 by 30.5 cm.)
Framed: 23½ by 19¼ in. (60 by 49 cm.) Executed circa 1957.
Estate of Karl Nierendorf, New York | The Solomon R. Guggenheim Museum, New York (acquired from the above)
Property of the Solomon R. Guggenheim Museum, Sold to Benefit the Art Fund
LEE GATCH
1902 - 1968
UNTITLED
signed
oil on canvas
Canvas: 16 by 12 in. (40.6 by 30.5 cm.)
Framed: 23½ by 19¼ in. (60 by 49 cm.) Executed circa 1957.
Estate of Karl Nierendorf, New York | The Solomon R. Guggenheim Museum, New York (acquired from the above)
Auction result misses estimated price range
When this work without title by Lee Gatch was auctioned at Sothebys in New York in October 2020, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 1,000.00 – 1,500.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 504.00 (€ 432.73). Of course, this price has nothing to do with the top prices that other works by Lee Gatch achieve. The highest price we have observed so far was reached by the work Ionian in September 2008 with an auction result of USD 8,750.00 (€ 6,214.05).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als diese Arbeit ohne Titel von Lee Gatch im Oktober 2020 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 1.000,00 – 1.500,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 504,00 (€ 432,73) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Gatch erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Ionian im September 2008 mit einem Auktionsergebnis von USD 8.750,00 (€ 6.214,05).
Lee Gatch - Auction history
Other artists in this auction
![Dagoberto Rodríguez - Túnel Azul [Blue Tunnel]](/images/dagoberto-rodriguez_tunel-azul-blue-tunnel_AID331241_320x320.jpg)
![Yto Barrada - Terrain Vague No. 2 [Vacant Lot No. 2]](/images/yto-barrada_terrain-vague-no-2-vacant-lot-no-2_AID331239_320x320.jpg)
![George Condo - I. Untitled (George Condo: Memories Of Manet And Velazquez Book With Inscription) Ii. Untitled (The Imaginary Portraits Of George Condo Book With Inscription, Drawing And Accompanying Letter) [Two Books]](/images/george-condo_i-untitled-george-condo-memories-of-manet-and-velazquez-book-with-inscription-ii-untitled-the-imaginary-portraits-of-george-condo-book-with-inscription-drawing-and-accompanying-letter-two-books_AID331207_320x320.jpg)
![Alfredo Castañeda - El Sentimiento [The Feeling]](/images/alfredo-castaneda_el-sentimiento-the-feeling_AID331203_320x320.jpg)
![Karel Appel - Animal Aux Lunettes Noires [Animal With Black Glasses]](/images/karel-appel_animal-aux-lunettes-noires-animal-with-black-glasses_AID331193_320x320.jpg)
![Henri Georges Adam - Dalles, Sable Et Eau, No. 7 [Flagstones, Sand And Water, No.7]](/images/henri-georges-adam_dalles-sable-et-eau-no-7-flagstones-sand-and-water-no-7_AID331185_320x320.jpg)
![René Duvillier - Queue De Comète [Tail Of A Comet]](/images/rene-duvillier_queue-de-comete-tail-of-a-comet_AID331177_320x320.jpg)
![Sarah Morris - 1924 [Rings]](/images/sarah-morris_1924-rings_AID331149_320x320.jpg)
![Walead Beshty - Transparency (Positive) [Fuji Provia 100F: April 25 - 27, 2010 Lax/Jfk Bos/Sfo Sfo/Lax]](/images/walead-beshty_transparency-positive-fuji-provia-100f-april-25-27-2010-lax-jfk-bos-sfo-sfo-lax_AID331114_320x320.jpg)
![Francis Alÿs - Drawing From Time Is A Trick Of The Mind [Three Works]](/images/francis-alys_drawing-from-time-is-a-trick-of-the-mind-three-works_AID331095_320x320.jpg)
![Bahram Hajou - Dei Zwei [The Two]](/images/bahram-hajou_dei-zwei-the-two_AID331090_320x320.jpg)
![Jean Dubuffet - Site Avec 5 Personnages [Site With 5 Characters]](/images/jean-dubuffet_site-avec-5-personnages-site-with-5-characters_AID331045_320x320.jpg)
![Joseph Beuys - Vor Gesuchte Werkzeugsraum [Sought Out Tool Shed]](/images/joseph-beuys_vor-gesuchte-werkzeugsraum-sought-out-tool-shed_AID331043_320x320.jpg)
