- Art.Salon
- Artists
- Michael Raedecker
- Matter
Michael Raedecker
Matter
Estimate: 25.000 - 35.000 USD
Price realised: 23.750 USD
Price realised: 23.750 USD
Description
Michael Raedecker
B.1963
MATTER
signed, titled and dated 2001 on the overlap
acrylic and thread on canvas
60 1/4 by 90 3/8 in. 153 by 229.6 cm.
The Approach, London | Acquired by the present owner from the above
B.1963
MATTER
signed, titled and dated 2001 on the overlap
acrylic and thread on canvas
60 1/4 by 90 3/8 in. 153 by 229.6 cm.
The Approach, London | Acquired by the present owner from the above
Auction result misses estimated price range
This work of art by Michael Raedecker could be acquired at Sothebys in New York in March 2014 for an unexpectedly low price. In the Contemporary Curated auction, the work Matter changed hands for USD 23,750.00 (€ 17,238.88) - missing the lower end of the estimate range of USD 25,000.00 – 35,000.00. Of course, this price has nothing to do with the top prices that other works by Michael Raedecker achieve. The highest price we have observed so far was reached by the work Frisson in February 2007 with an auction result of GBP 138,000.00 (€ 204,580.05).
Auktionsergebnis verfehlt die Schätzpreisspanne
Dieses Kunstwerk von Michael Raedecker konnte im März 2014 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Contemporary Curated wechselte die Arbeit Matter für USD 23.750,00 (€ 17.238,88) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 25.000,00 – 35.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Michael Raedecker erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Frisson im Februar 2007 mit einem Auktionsergebnis von GBP 138.000,00 (€ 204.580,05).