Nikolai Konstantinovich Rerikh - Heat of The Earth

Nikolai Konstantinovich Rerikh

Heat of The Earth

Found at Christies, New York
Russian Art, Lot 64
18. Apr - 18. Apr 2008
Estimate: 120.000 - 180.000 USD
Price realised: 769.000 USD
Description
Nikolai Konstantinovich Rerikh [Roerich] (1874-1947)
Heat of the Earth
numbered 'RM 57' (on the reverse)
tempera on panel
19 x 19¾ in. (48.3 x 50.2)
Painted in 1918
en de

Artwork auctioned at four times the upper estimate price

When the work Heat of The Earth by Nikolai Konstantinovich Rerikh was auctioned at Christies in New York in April 2008, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 180,000.00 but the actual price achieved was more than four times as high at USD 769,000.00 (€ 493,961.97). Despite this good result, it is not the highest hammer price for an artwork by Nikolai Konstantinovich Rerikh; that achieved among the auctions we observed the lot Tsong-Kha-Pa, From The Series Banners of The East sold at auction in April 2006 with the realized price of USD 856,000.00 (€ 678,073.51).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Als die Arbeit Heat of The Earth von Nikolai Konstantinovich Rerikh im April 2008 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 180.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 769.000,00 (€ 493.961,97) mehr als viermal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Nikolai Konstantinovich Rerikh; den erzielte unter den von uns beobachteten Auktionen die Arbeit Tsong-Kha-Pa, From The Series Banners of The East im April 2006 mit dem Hammerpreis von USD 856.000,00 (€ 678.073,51).

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