Otis Kaye
Money From Home
Found at
Sothebys,
New York
American Art, Lot 95
21. Nov - 21. Nov 2016
American Art, Lot 95
21. Nov - 21. Nov 2016
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Otis Kaye 1885 - 1974
MONEY FROM HOME
signed O. Kaye, titled Money From Home and dated 1969 (lower center)
etching with gouache on paper mounted on paper
8 3/4 by 11 3/4 inches
(22.2 by 29.8 cm)
By descent in the artist's family
MONEY FROM HOME
signed O. Kaye, titled Money From Home and dated 1969 (lower center)
etching with gouache on paper mounted on paper
8 3/4 by 11 3/4 inches
(22.2 by 29.8 cm)
By descent in the artist's family
Auction result well in line with expectations
The work Money From Home by Otis Kaye was auctioned at Sothebys in New York in November 2016. The estimated price for the artwork was previously given by the auction house with a range of USD 20,000.00 – 30,000.00, the actual price achieved of USD 22,500.00 (€ 21,270.56) could thus just exceed the lower estimate. 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 im Rahmen der Erwartungen
Die Arbeit Money From Home von Otis Kaye kam im November 2016 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von USD 22.500,00 (€ 21.270,56) konnte den unteren Schätzpreis somit knapp übertreffen. 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).
