Leo Gabin
How To Saw Dust
Found at
Sothebys,
London (Online Auction)
Contemporary Art Online | London, Lot 73
21. Nov - 21. Nov 2019
Contemporary Art Online | London, Lot 73
21. Nov - 21. Nov 2019
Estimate: 3.000 - 4.000 GBP
Price realised: 2.500 GBP
Price realised: 2.500 GBP
Description
LEO GABIN
est. 2000
HOW TO SAW DUST
signed, titled and dated 2013 on the reverse
lacquer, spray paint, acrylic and silkscreen on canvas
200 by 145 cm. 78⅞ by 57 in.
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Peres Projects, Berlin | Acquired from the above by the present owner
est. 2000
HOW TO SAW DUST
signed, titled and dated 2013 on the reverse
lacquer, spray paint, acrylic and silkscreen on canvas
200 by 145 cm. 78⅞ by 57 in.
Please click here to view shipping calculator.
Peres Projects, Berlin | Acquired from the above by the present owner
Auction result misses estimated price range
When the work How To Saw Dust by Leo Gabin was auctioned at Sothebys in London in November 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 3,000.00 – 4,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 2,500.00 (€ 2,935.61). Of course, this price has nothing to do with the top prices that other works by Leo Gabin achieve. The highest price we have observed so far was reached by the work French Braid Tutorial in September 2014 with an auction result of USD 47,500.00 (€ 37,614.82).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit How To Saw Dust von Leo Gabin im November 2019 bei Sothebys in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 3.000,00 – 4.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 2.500,00 (€ 2.935,61) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Leo Gabin erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit French Braid Tutorial im September 2014 mit einem Auktionsergebnis von USD 47.500,00 (€ 37.614,82).