Otis Kaye
Bid And Ask
Found at
Sothebys,
New York
American Art, Lot 77
18. Nov - 18. Nov 2015
American Art, Lot 77
18. Nov - 18. Nov 2015
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Otis Kaye 1885 - 1974
BID AND ASK
signed Otis Kaye (upper center)
oil on panel
12 1/8 by 15 1/4 inches
(30.8 by 38.7 cm)
Painted in 1953.
Sold: Christie's, New York, May 23, 2001, lot 17, illustrated | Private Collection (acquired at the above sale; sold: Christie's, New York, May 24, 2007, lot 93, illustrated) | Acquired by the present owner at the above sale
BID AND ASK
signed Otis Kaye (upper center)
oil on panel
12 1/8 by 15 1/4 inches
(30.8 by 38.7 cm)
Painted in 1953.
Sold: Christie's, New York, May 23, 2001, lot 17, illustrated | Private Collection (acquired at the above sale; sold: Christie's, New York, May 24, 2007, lot 93, illustrated) | Acquired by the present owner at the above sale
Auction result misses estimated price range
In November 2015 a collector was able to acquire the work Bid And Ask by Otis Kaye for USD 47,500.00 (€ 44,972.54). This price was achieved in the auction American Art at Sothebys in New York and was even below the estimate range of USD 60,000.00 – 80,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Otis Kaye achieve. The highest price we have observed so far was reached by the work Easy Come, Easy Go in May 2015 with an auction result of USD 514,000.00 (€ 467,527.74).
Auktionsergebnis verfehlt die Schätzpreisspanne
Im November 2015 konnte ein Sammler die Arbeit Bid And Ask von Otis Kaye für USD 47.500,00 (€ 44.972,54) erwerben. Dieser Preis wurde in der Auktion American Art bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 60.000,00 – 80.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Otis Kaye erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Easy Come, Easy Go im Mai 2015 mit einem Auktionsergebnis von USD 514.000,00 (€ 467.527,74).
Otis Kaye - Auction history
