Martin Grelle
Cowboy Revival
Found at
Sothebys,
New York
American Art, Including the Collection of George S. Parker II from the Caxambas Foundation, Lot 149
20. Oct - 20. Oct 2016
American Art, Including the Collection of George S. Parker II from the Caxambas Foundation, Lot 149
20. Oct - 20. Oct 2016
Estimate: 20.000 - 30.000 USD
Price realised: 18.750 USD
Price realised: 18.750 USD
Description
Martin Grelle
B. 1954
COWBOY REVIVAL
signed Martin Grelle © (lower right)
oil on canvas
24 by 40 inches
(61 by 101.6 cm)
Painted in 1994.
Sale: Futures for Children Charity Auction, Albuquerque, June 9, 1995, lot 25 (donated by the artist) | Acquired at the above sale by the present owner
B. 1954
COWBOY REVIVAL
signed Martin Grelle © (lower right)
oil on canvas
24 by 40 inches
(61 by 101.6 cm)
Painted in 1994.
Sale: Futures for Children Charity Auction, Albuquerque, June 9, 1995, lot 25 (donated by the artist) | Acquired at the above sale by the present owner
Auction result misses estimated price range
When the work Cowboy Revival by Martin Grelle was auctioned at Sothebys in New York in October 2016, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 20,000.00 – 30,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 18,750.00 (€ 17,104.54). Of course, this price has nothing to do with the top prices that other works by Martin Grelle achieve. The highest price we have observed so far was reached by the work The River's Gift in October 2020 with an auction result of USD 350,000.00 (€ 300,506.57).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Cowboy Revival von Martin Grelle im Oktober 2016 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 20.000,00 – 30.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 18.750,00 (€ 17.104,54) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Martin Grelle erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The River's Gift im Oktober 2020 mit einem Auktionsergebnis von USD 350.000,00 (€ 300.506,57).
Martin Grelle - Auction history
Other artists in this auction
