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Lucy Mckenzie - Untitled

Lucy Mckenzie

Untitled

Found at Sothebys, New York (Online Auction)
Contemporary Art Online | New York, Lot 284
6. Dec - 6. Dec 2019
Estimate: XX.XXX
Price realised: XX.XXX
Description
The History of Now: The Collection of David Teiger Sold to Benefit Teiger Foundation for the Support of Contemporary Art
LUCY MCKENZIE
b. 1977
UNTITLED
charcoal on paper
Sheet: 22⅛ by 30 in. (56.2 by 76.2 cm.)
Framed: 25¾ by 33½ in. (65.4 by 85.1 cm.)
Executed in 2004.
Cabinet Gallery, London | Acquired from the above by David Teiger in December 2004
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Auction result misses estimated price range

When this work without title by Lucy McKenzie was auctioned at Sothebys in New York in December 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 4,000.00 – 6,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 2,500.00 (€ 2,226.77). Of course, this price has nothing to do with the top prices that other works by Lucy McKenzie achieve. The highest price we have observed so far was reached by the work Olga Korbut in October 2016 with an auction result of GBP 317,000.00 (€ 353,147.60).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als diese Arbeit ohne Titel von Lucy McKenzie im Dezember 2019 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 4.000,00 – 6.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 2.500,00 (€ 2.226,77) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lucy McKenzie erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Olga Korbut im Oktober 2016 mit einem Auktionsergebnis von GBP 317.000,00 (€ 353.147,60).

Lucy McKenzie - Auction history

XX.XXX
Lucy McKenzie - Lucy and Paulina in the Moscow Metro (Ploschad Revolutsii)
Lucy and Paulina in the Moscow Metro (Ploschad Revolutsii)
Sep 2020
Phillips, New York Auction
XX.XXX
Lucy McKenzie - Untitled (for Parkett No. 76)
2020
Untitled (for Parkett No. 76)
Jan 2020
Phillips, London Auction
XX.XXX
Lucy Mckenzie - Untitled
Untitled
Dec 2019
Sothebys, New York (Online Auction)
XX.XXX
Lucy Mckenzie - I. Untitled (Bi-Curious) | II. Tintin I [2 Works]
I. Untitled (Bi-Curious) | II. Tintin I [2 Works]
Oct 2019
Sothebys, New York (Online Auction)

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