Lee Lozano
Hard
Estimate: 180.000 - 250.000 USD
Price realised: 175.000 USD
Price realised: 175.000 USD
Description
Lee Lozano
1930 - 1999
HARD
signed, titled and dated '64
graphite and pastel on paper
28 1/2 by 22 1/2 in. 72.4 by 57.2 cm.
Green Gallery, New York | Collection of Holly and Horace Solomon, New York (acquired from the above in 1964) | Collection of Thomas Solomon, Los Angeles (by descent from the above) | Hauser & Wirth, New York | Acquired from the above by the present owner in 2010
1930 - 1999
HARD
signed, titled and dated '64
graphite and pastel on paper
28 1/2 by 22 1/2 in. 72.4 by 57.2 cm.
Green Gallery, New York | Collection of Holly and Horace Solomon, New York (acquired from the above in 1964) | Collection of Thomas Solomon, Los Angeles (by descent from the above) | Hauser & Wirth, New York | Acquired from the above by the present owner in 2010
Auction result misses estimated price range
When the work Hard by Lee Lozano was auctioned at Sothebys in New York in May 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 180,000.00 – 250,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 175,000.00 (€ 149,957.16). However, buyers have had to dig much deeper into their pockets for other works by Lee Lozano - we have observed the highest auction result to date for the work No title, which sold at auction in November 2010 for USD 602,500.00 (€ 462,181.65).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Hard von Lee Lozano im Mai 2018 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 180.000,00 – 250.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 175.000,00 (€ 149.957,16) den Besitzer. Für andere Arbeiten von Lee Lozano mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit No title beobachtet, die im November 2010 für USD 602.500,00 (€ 462.181,65) versteigert wurde.
Lee Lozano - Auction history
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