Michael Riedel
Untitled (Random Bars Horizontal)
Estimate: 12.000 - 18.000 USD
Price realised: 15.000 USD
Price realised: 15.000 USD
Description
Michael Riedel
B. 1972
UNTITLED (RANDOM BARS HORIZONTAL)
signed and dated 2014 on the reverse
silkscreen ink on honeycomb panel
100 3/8 by 56 3/4 in. 255 by 144 cm.
David Zwirner, New York | Acquired from the above by the present owner
B. 1972
UNTITLED (RANDOM BARS HORIZONTAL)
signed and dated 2014 on the reverse
silkscreen ink on honeycomb panel
100 3/8 by 56 3/4 in. 255 by 144 cm.
David Zwirner, New York | Acquired from the above by the present owner
Auction result well in line with expectations
In September 2019 Sothebys in New York held the auction Contemporary Curated, which included the work Untitled (Random Bars Horizontal) by Michael Riedel. The price achieved of USD 15,000.00 (€ 13,755.16) was within expectations - the estimate range had previously been set by the auction house as USD 12,000.00 – 18,000.00. Admittedly, works by Michael Riedel have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work 7 in October 2015 with an auction result of GBP 50,000.00 (€ 69,937.51).
Auktionsergebnis im Rahmen der Erwartungen
Im September 2019 führte Sothebys in New York die Auktion Contemporary Curated durch, in der auch die Arbeit Untitled (Random Bars Horizontal) von Michael Riedel zur Versteigerung kam. Der dabei erzielte Preis von USD 15.000,00 (€ 13.755,16) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 12.000,00 – 18.000,00 angegeben worden. Freilich wurden Arbeiten von Michael Riedel auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit 7 im Oktober 2015 mit einem Auktionsergebnis von GBP 50.000,00 (€ 69.937,51).
Michael Riedel - Auction history
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