Michael Raedecker
Penetration
Estimate: 5.000 - 7.000 USD
Price realised: 27.500 USD
Price realised: 27.500 USD
Description
Michael Raedecker
B. 1963
PENETRATION
signed, titled and dated 05 on the overlap
acrylic and thread on canvas
38 1/2 by 24 1/2 in. 97.8 by 62.2 cm.
Andrea Rosen Gallery, New York | Acquired from the above by the present owner in 2006
B. 1963
PENETRATION
signed, titled and dated 05 on the overlap
acrylic and thread on canvas
38 1/2 by 24 1/2 in. 97.8 by 62.2 cm.
Andrea Rosen Gallery, New York | Acquired from the above by the present owner in 2006
Artwork auctioned at three times the upper estimate price
The work Penetration by Michael Raedecker was worth USD 27,500.00 (€ 25,997.35) to a buyer in November 2016. This price was achieved in the auction Contemporary Art Day Auction at Sothebys in New York and exceeded the previously set upper estimate of USD 7,000.00 many times over. Admittedly, works by Michael Raedecker have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Frisson in February 2007 with an auction result of GBP 138,000.00 (€ 204,580.05).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Die Arbeit Penetration von Michael Raedecker war einem Käufer im November 2016 USD 27.500,00 (€ 25.997,35) wert. Dieser Preise wurde in der Auktion Contemporary Art Day Auction bei Sothebys in New York erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von USD 7.000,00 um ein Vielfaches. Freilich wurden Arbeiten von Michael Raedecker auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Frisson im Februar 2007 mit einem Auktionsergebnis von GBP 138.000,00 (€ 204.580,05).
Michael Raedecker - Auction history
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