Mark Lombardi

Nugan Hand Bank Sydney Australia c. 1973-80 (3rd Version)

Found at Christies, New York (Online Auction)
On Paper | Online, Lot 1080
20.Feb - 26.Feb.2019
Estimate: 25.000 - 35.000 USD
Price realised: 25.000 USD
signed with artist's initials, titled and inscribed 'Nugan Hand Bank - Sydney, Australia c. 1973-80 Third Version ML © MCMXCV' (lower left)
graphite on paper
24 x 34 1/2 (61 x 87.6 cm.)
Drawn in 1995.
Pierogi, New York | Acquired from the above by the present owner

Sold at the lower estimate price

The work Nugan Hand Bank Sydney Australia c. 1973-80 (3rd Version) by Mark Lombardi was sold in the On Paper | Online auction at Christies in New York in February 2019. The result of USD 25,000.00 (€ 21,970.30) was exactly at the lower end of the estimate range of USD 25,000.00 – 35,000.00. However, buyers have had to dig much deeper into their pockets for other works by Mark Lombardi - we have observed the highest auction result to date for the work Bill Clinton, the Lippo Group, and Jackson Stephens of Little Rock, Arkansas (3rd version), which sold at auction in November 2017 for USD 72,500.00 (€ 60,934.61).

Zuschlag beim unteren Schätzpreis

Die Arbeit Nugan Hand Bank Sydney Australia c. 1973-80 (3rd Version) von Mark Lombardi wurde im Februar 2019 in der Auktion On Paper | Online bei Christies in New York versteigert. Das dabei erzielte Ergebnis von USD 25.000,00 (€ 21.970,30) entsprach exakt dem unteren Ende der Schätzpreisspanne von USD 25.000,00 – 35.000,00. Für andere Arbeiten von Mark Lombardi mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Bill Clinton, the Lippo Group, and Jackson Stephens of Little Rock, Arkansas (3rd version) beobachtet, die im November 2017 für USD 72.500,00 (€ 60.934,61) versteigert wurde.

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