Lee Krasner
Twelve Hour Crossing, March Twenty-first
Found at
Christies,
New York
A Century of Art: The Gerald Fineberg Collection Part I, Lot 28 C
17. May - 17. May 2023
A Century of Art: The Gerald Fineberg Collection Part I, Lot 28 C
17. May - 17. May 2023
Estimate: 4.000.000 - 6.000.000 USD
Price realised: 3.438.000 USD
Price realised: 3.438.000 USD
Description
Lee Krasner (1908-1984)
Twelve Hour Crossing, March Twenty-first
signed and dated 'Krasner '81' (on the reverse)
oil and paper collage on canvas
68 x 75 in. (172.7 x 190.5 cm.)
Executed circa 1971-1981.
Twelve Hour Crossing, March Twenty-first
signed and dated 'Krasner '81' (on the reverse)
oil and paper collage on canvas
68 x 75 in. (172.7 x 190.5 cm.)
Executed circa 1971-1981.
Auction result misses estimated price range
This work of art by Lee Krasner could be acquired at Christies in New York in May this year for an unexpectedly low price. In the A Century of Art: The Gerald Fineberg Collection Part I auction, the work Twelve Hour Crossing, March Twenty-first changed hands for USD 3,438,000.00 (€ 3,226,957.01) - missing the lower end of the estimate range of USD 4,000,000.00 – 6,000,000.00. However, buyers have had to dig much deeper into their pockets for other works by Lee Krasner - we have observed the highest auction result to date for the work The Eye Is The First Circle, which sold at auction in May 2019 for USD 11,654,000.00 (€ 10,452,955.42).
Auktionsergebnis verfehlt die Schätzpreisspanne
Dieses Kunstwerk von Lee Krasner konnte im Mai diesen Jahres bei Christies in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion A Century of Art: The Gerald Fineberg Collection Part I wechselte die Arbeit Twelve Hour Crossing, March Twenty-first für USD 3.438.000,00 (€ 3.226.957,01) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 4.000.000,00 – 6.000.000,00. Für andere Arbeiten von Lee Krasner mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Eye Is The First Circle beobachtet, die im Mai 2019 für USD 11.654.000,00 (€ 10.452.955,42) versteigert wurde.
Lee Krasner - Auction history
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