- Art.Salon
- Artists
- Michael Joo
- 7 Sins
Michael Joo
7 Sins
Found at
Phillips,
New York Auction
Editions & Works on Paper, Lot 45
23. Jul - 24. Jul 2020
Editions & Works on Paper, Lot 45
23. Jul - 24. Jul 2020
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
2016
Seven silver nitrate screenprints on Somerset White paper, the full sheets, with the original white cardboard portfolio.
S. 45 1/2 x 35 in. (115.6 x 88.9 cm)
All signed, dated and numbered 4/8 in pencil on the reverse, from the edition of 8 variants, published by the LeRoy Neiman Center for Print Studies at Columbia University (with their inkstamp on the reverse), New York, all framed.
Seven silver nitrate screenprints on Somerset White paper, the full sheets, with the original white cardboard portfolio.
S. 45 1/2 x 35 in. (115.6 x 88.9 cm)
All signed, dated and numbered 4/8 in pencil on the reverse, from the edition of 8 variants, published by the LeRoy Neiman Center for Print Studies at Columbia University (with their inkstamp on the reverse), New York, all framed.
Auction result misses estimated price range
In July 2020 a collector was able to acquire the work 7 Sins by Michael Joo for USD 8,750.00 (€ 7,431.63). This price was achieved in the auction Editions & Works on Paper at Phillips in New York and was even below the estimate range of USD 10,000.00 – 15,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Michael Joo achieve. The highest price we have observed so far was reached by the work Improved Rack (Elk #11) in February 2008 with an auction result of USD 143,000.00 (€ 94,159.48).
Auktionsergebnis verfehlt die Schätzpreisspanne
Im Juli 2020 konnte ein Sammler die Arbeit 7 Sins von Michael Joo für USD 8.750,00 (€ 7.431,63) erwerben. Dieser Preis wurde in der Auktion Editions & Works on Paper bei Phillips in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 10.000,00 – 15.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Michael Joo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Improved Rack (Elk #11) im Februar 2008 mit einem Auktionsergebnis von USD 143.000,00 (€ 94.159,48).
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