Otto Karl Knaths

Apogee 70 x 45 in. (177.8 x 114.3 cm) framed 70 1/2 x 45 1/4 x 1 1/4 in.

Found at Bonhams
Modern & Contemporary Art | Bonhams Skinner, Lot 56
15. MAR - 15. MAR 2023
Estimate: 2.500 - 3.500 USD
Price realised: 1.785 USD
Otto Karl Knaths (American, 1891-1971)
Apogee
titled, signed, inscribed, and dated '...-KARL-KNATHS-P-TOWN-1965' (on the stretcher), with labels from Paul Rosenberg & Co., New York, and the Danforth Museum of Art, Framingham, Massachusetts (affixed to the stretcher)
oil on canvas
70 x 45 in. (177.8 x 114.3 cm)
framed 70 1/2 x 45 1/4 x 1 1/4 in.

Auction result misses estimated price range

This work of art by Karl Knaths could be acquired at Bonhams in March this year for an unexpectedly low price. In the Modern & Contemporary Art | Bonhams Skinner auction, the work Apogee 70 x 45 in. (177.8 x 114.3 cm) framed 70 1/2 x 45 1/4 x 1 1/4 in. changed hands for USD 1,785.00 (€ 1,641.83) - missing the lower end of the estimate range of USD 2,500.00 – 3,500.00. Of course, this price has nothing to do with the top prices that other works by Karl Knaths achieve. The highest price we have observed so far was reached by the work Lilacs in October 2007 with an auction result of USD 34,000.00 (€ 23,500.14).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Karl Knaths konnte im März diesen Jahres bei Bonhams für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Modern & Contemporary Art | Bonhams Skinner wechselte die Arbeit Apogee 70 x 45 in. (177.8 x 114.3 cm) framed 70 1/2 x 45 1/4 x 1 1/4 in. für USD 1.785,00 (€ 1.641,83) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 2.500,00 – 3.500,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Karl Knaths erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Lilacs im Oktober 2007 mit einem Auktionsergebnis von USD 34.000,00 (€ 23.500,14).

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