Melvin Edwards
Makatini
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Day Sale, Morning Session, Lot 194
16. Nov - 16. Nov 2022
20th Century & Contemporary Art Day Sale, Morning Session, Lot 194
16. Nov - 16. Nov 2022
Estimate: 30.000 - 50.000 USD
Price realised: 132.300 USD
Price realised: 132.300 USD
Description
welded with the artist's signature, title and date "MAKATINI M EDWARDS 92" on the reverse
welded steel
19 x 16 x 8 in. (48.3 x 40.6 x 20.3 cm)
Executed in 1992.
welded steel
19 x 16 x 8 in. (48.3 x 40.6 x 20.3 cm)
Executed in 1992.
Upper estimate price exceeded by more than 100%
This artwork by Melvin Edwards achieved an unexpectedly high price at Phillips in New York in November last year. In the 20th Century & Contemporary Art Day Sale, Morning Session auction, the work Makatini sold for USD 132,300.00 (€ 128,160.42) - well above the upper estimate of USD 50,000.00. However, buyers have had to dig much deeper into their pockets for other works by Melvin Edwards - we have observed the highest auction result to date for the work Ile Ogun, Planetary, Road to Goma, Alterable [Four Works|AID1113294], which sold at auction in May this year for USD 409,500.00 (€ 384,362.68).
Oberer Schätzpreis um mehr als 100% übertroffen
Dieses Kunstwerk von Melvin Edwards erzielte im November letzten Jahres bei Phillips in New York einen unerwartet hohen Preis. In der Auktion 20th Century & Contemporary Art Day Sale, Morning Session wurde die Arbeit Makatini für USD 132.300,00 (€ 128.160,42) versteigert – und damit weit über dem oberen Schätzpreis von USD 50.000,00. Für andere Arbeiten von Melvin Edwards mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Ile Ogun, Planetary, Road to Goma, Alterable [Four Works|AID1113294] beobachtet, die im Mai diesen Jahres für USD 409.500,00 (€ 384.362,68) versteigert wurde.
Melvin Edwards - Auction history
![Melvin Edwards - Ile Ogun, Planetary, Road to Goma, Alterable [Four Works]](/images/melvin-edwards_ile-ogun-planetary-road-to-goma-alterable-four-works_AID1113294_320x320.jpg)
Other artists in this auction
