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Michael Raedecker - Unknown pleasures

Michael Raedecker

Unknown pleasures

Found at Sothebys, Milan
Contemporary Art | Milan, Lot 42
9. Dec - 15. Dec 2021
Estimate: XX.XXX
Price realised: XX.XXX
Michael Raedecker
b. 1963
Unknown pleasures
signed, titled, inscribed and dated 2001 on the overlap
acrylic, threads and twine on canvas
(firmato, intitolato, iscritto e datato 2001 sul risvolto
acrilico, fili e spago su tela)
cm 89,8x69,8; inches 35.35 by 27.48
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The Approach Gallery, London | Phillips de Pury & Company, Contemporary Art Part II, New York, 18 May 2007, lot 130 | Christie's, Post war and Contemporary Art, 21 November 2008, lot 357 | Acquired from the above by the present owner (Ivi acquistato dall'attuale proprietario)

Auction result well in line with expectations

The work Unknown pleasures by Michael Raedecker was auctioned at Sothebys in Milan in December 2021. The estimated price for the artwork was previously given by the auction house with a range of EUR 10,000.00 – 15,000.00, the actual price achieved of EUR 10,080.00 could thus just exceed the lower estimate. 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 im Rahmen der Erwartungen

Die Arbeit Unknown pleasures von Michael Raedecker kam im Dezember 2021 bei Sothebys in Mailand zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von EUR 10.000,00 – 15.000,00 angegeben, der tatsächlich erzielte Preis von EUR 10.080,00 konnte den unteren Schätzpreis somit knapp übertreffen. 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).

Michael Raedecker - Auction history

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