Lee Jaffe
What Becomes A Legend Most, No. 2
Estimate: 500 - 800 USD
Price realised: 125 USD
Price realised: 125 USD
Description
LEE JAFFE
b. 1950
WHAT BECOMES A LEGEND MOST, NO. 2
encaustic and gold leaf on wood, nail files and mink, with encaustic and oil on canvas, in 2 parts
Diameter: 120 in. (304.8 cm.)
Executed in 1985.
Burnett Miller Gallery, Los Angeles | Acquired from the above by the present owner in April 1986
b. 1950
WHAT BECOMES A LEGEND MOST, NO. 2
encaustic and gold leaf on wood, nail files and mink, with encaustic and oil on canvas, in 2 parts
Diameter: 120 in. (304.8 cm.)
Executed in 1985.
Burnett Miller Gallery, Los Angeles | Acquired from the above by the present owner in April 1986
Auction result misses estimated price range
This work of art by Lee Jaffe could be acquired at Sothebys in New York in July 2020 for an unexpectedly low price. In the Contemporary Art | New York auction, the work What Becomes A Legend Most, No. 2 changed hands for USD 125.00 (€ 106.17) - missing the lower end of the estimate range of USD 500.00 – 800.00. Of course, this price has nothing to do with the top prices that other works by Lee Jaffe achieve. The highest price we have observed so far was reached by the work Untitled (Jean-Michel Basquiat, Bullet Train 3); Untitled (Jean-Michel St. Moritz); & Untitled (Jean-Michel Basquiat, Working 1) in March 2017 with an auction result of HKD 43,750.00 (€ 5,263.25).
Auktionsergebnis verfehlt die Schätzpreisspanne
Dieses Kunstwerk von Lee Jaffe konnte im Juli 2020 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Contemporary Art | New York wechselte die Arbeit What Becomes A Legend Most, No. 2 für USD 125,00 (€ 106,17) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 500,00 – 800,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Jaffe erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled (Jean-Michel Basquiat, Bullet Train 3); Untitled (Jean-Michel St. Moritz); & Untitled (Jean-Michel Basquiat, Working 1) im März 2017 mit einem Auktionsergebnis von HKD 43.750,00 (€ 5.263,25).
Lee Jaffe - Auction history
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