Mark Grotjahn

Untitled (Standard Lotus XI Face 44.10)

Found at Christies, New York
21st Century Evening Sale, Lot 107
17. Nov - 17. Nov 2022
Estimate: 3.000.000 - 5.000.000 USD
Price realised: 3.540.000 USD
MARK GROTJAHN (B. 1968)
Untitled (Standard Lotus XI Face 44.10)
signed with the artist's initials and inscribed 'SL XI MG' (lower right); signed, titled, inscribed again and dated twice 'Untitled (Standard Lotus XI Face 44.10) 2012 M. Grotjahn 2012 XI' (on the overlap)
oil on cardboard mounted on linen
73 5/8 x 53 5/8 in. (187 x 136.2 cm.)
Painted in 2012.

Auction result well in line with expectations

The work Untitled (Standard Lotus XI Face 44.10) by Mark Grotjahn was sold in the 21st Century Evening Sale auction at Christies in New York in November last year. The price achieved of USD 3,540,000.00 (€ 3,429,235.69) was within expectations - the estimate range had previously been set by the auction house as USD 3,000,000.00 – 5,000,000.00. Admittedly, works by Mark Grotjahn have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Untitled (S III Released to France Face 43.14) in May 2017 with an auction result of USD 16,767,500.00 (€ 14,923,015.31).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (Standard Lotus XI Face 44.10) von Mark Grotjahn wurde im November letzten Jahres in der Auktion 21st Century Evening Sale bei Christies in New York versteigert. Der dabei erzielte Preis von USD 3.540.000,00 (€ 3.429.235,69) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 3.000.000,00 – 5.000.000,00 angegeben worden. Freilich wurden Arbeiten von Mark Grotjahn auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Untitled (S III Released to France Face 43.14) im Mai 2017 mit einem Auktionsergebnis von USD 16.767.500,00 (€ 14.923.015,31).

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