Lee Krasner
Embrace, from The Superlative U.S. Olympic Editions
Estimate: 800 - 1.200 USD
Price realised: 704 USD
Price realised: 704 USD
Description
Lee Krasner (1911-1984)
Embrace, from The Superlative U.S. Olympic Editions, 1974
Screenprint in colors on wove paper, signed in pencil and numbered 28/200, commissioned for the 1976 Montreal Olympics, published/printed by Kennedy Graphics/Chromacorp, New York, the full sheet, framed.
sheet 40 x 24 7/8in (101.6 x 63.2cm)
Embrace, from The Superlative U.S. Olympic Editions, 1974
Screenprint in colors on wove paper, signed in pencil and numbered 28/200, commissioned for the 1976 Montreal Olympics, published/printed by Kennedy Graphics/Chromacorp, New York, the full sheet, framed.
sheet 40 x 24 7/8in (101.6 x 63.2cm)
Auction result misses estimated price range
When the work Embrace, from The Superlative U.S. Olympic Editions by Lee Krasner was auctioned at Bonhams in Los Angeles in June this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 800.00 – 1,200.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 704.00 (€ 644.69). Of course, this price has nothing to do with the top prices that other works by Lee Krasner achieve. The highest price we have observed so far was reached by the work The Eye Is The First Circle in May 2019 with an auction result of USD 11,654,000.00 (€ 10,452,955.42).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Embrace, from The Superlative U.S. Olympic Editions von Lee Krasner im Juni diesen Jahres bei Bonhams in Los Angeles versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 800,00 – 1.200,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 704,00 (€ 644,69) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Krasner erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Eye Is The First Circle im Mai 2019 mit einem Auktionsergebnis von USD 11.654.000,00 (€ 10.452.955,42).
Lee Krasner - Auction history
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