Nedko Solakov

The Wave

Found at Sothebys, New York
Contemporary Art, Lot 47
8. Jun - 8. Jun 2012
Estimate: 8.000 - 12.000 USD
Price realised: 5.625 USD
Nedko Solakov
B.1957
THE WAVE
signed, titled, dated '07 and inscribed; signed, titled, dated 2007 on the reverse
acrylic and ink on gilded wood
22 3/4 by 22 3/4 by 4 in.
57.7 by 57.7 by 10.2 cm.
Arndt & Partner, Berlin | Acquired by the present owner from the above in 2007

Auction result misses estimated price range

When the work The Wave by Nedko Solakov was auctioned at Sothebys in New York in June 2012, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 8,000.00 – 12,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 5,625.00 (€ 4,440.32). Of course, this price has nothing to do with the top prices that other works by Nedko Solakov achieve. The highest price we have observed so far was reached by the work Romantic landscapes with missing parts in February 2011 with an auction result of GBP 60,050.00 (€ 70,733.88).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit The Wave von Nedko Solakov im Juni 2012 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 8.000,00 – 12.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 5.625,00 (€ 4.440,32) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Nedko Solakov erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Romantic landscapes with missing parts im Februar 2011 mit einem Auktionsergebnis von GBP 60.050,00 (€ 70.733,88).

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