Mark Tobey
White Writing
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Day Sale - Morning Session, Lot 185
15. Nov - 15. Nov 2017
20th Century & Contemporary Art Day Sale - Morning Session, Lot 185
15. Nov - 15. Nov 2017
Estimate: 5.000 - 7.000 USD
Price realised: 40.000 USD
Price realised: 40.000 USD
Description
signed with the artist's initials and dated "TB 59" lower right
gouache on buff paper
image 3 x 4 3/8 in. (7.6 x 11.1 cm.)
sheet 4 1/4 x 5 5/8 in. (10.8 x 14.3 cm.)
Executed in 1959.
Achim Moeller, Managing Principal of the Mark Tobey Project LLC, has confirmed the authenticity. The work is registered in the Mark Tobey archive with the number MT [227-10-12-17].
Acquired directly from the artist by the family of the present owner in 1959
gouache on buff paper
image 3 x 4 3/8 in. (7.6 x 11.1 cm.)
sheet 4 1/4 x 5 5/8 in. (10.8 x 14.3 cm.)
Executed in 1959.
Achim Moeller, Managing Principal of the Mark Tobey Project LLC, has confirmed the authenticity. The work is registered in the Mark Tobey archive with the number MT [227-10-12-17].
Acquired directly from the artist by the family of the present owner in 1959
Artwork auctioned at five times the upper estimate price
When the work White Writing by Mark Tobey was auctioned at Phillips in New York in November 2017, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 7,000.00 but the actual price achieved was more than five times as high at USD 40,000.00 (€ 33,619.10). Of course, this price has nothing to do with the top prices that other works by Mark Tobey achieve. The highest price we have observed so far was reached by the work Autumnal Fire in June 2018 with an auction result of EUR 1,389,000.00.
Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert
Als die Arbeit White Writing von Mark Tobey im November 2017 bei Phillips in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 7.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 40.000,00 (€ 33.619,10) mehr als fünfmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mark Tobey erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Autumnal Fire im Juni 2018 mit einem Auktionsergebnis von EUR 1.389.000,00.
Mark Tobey - Auction history
Other artists in this auction
