Pat Steir

Amsterdam Drawing Lesson with Orange Sunflower

Found at Bonhams, New York
Post-War & Contemporary Art, Lot 64
16. NOV - 16. NOV 2023
Estimate: 30.000 - 50.000 USD
Price realised: 32.000 USD
PAT STEIR (B. 1938)
Amsterdam Drawing Lesson with Orange Sunflower
1984
signed and dated '84 on the reverse; signed with the artist's initials and dated '84 on the stretcher
oil on linen
39 1/2 by 47 1/8 in.
100.2 by 119.8 cm.
Obelisk Gallery, Boston | Sale: Christie's, New York, Contemporary Art, 21 February 1987, Lot 103 | Acquired directly from the above by the present owner

Auction result well in line with expectations

The work Amsterdam Drawing Lesson with Orange Sunflower by Pat Steir was sold in the Post-War & Contemporary Art auction at Bonhams in New York in November this year. The estimated price for the artwork was previously given by the auction house with a range of USD 30,000.00 – 50,000.00, the actual price achieved of USD 32,000.00 (€ 29,336.27) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Pat Steir achieve. The highest price we have observed so far was reached by the work Elective Affinity Waterfall in May 2018 with an auction result of USD 2,295,000.00 (€ 1,966,580.98).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Amsterdam Drawing Lesson with Orange Sunflower von Pat Steir wurde im November diesen Jahres in der Auktion Post-War & Contemporary Art bei Bonhams in New York versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 30.000,00 – 50.000,00 angegeben, der tatsächlich erzielte Preis von USD 32.000,00 (€ 29.336,27) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Pat Steir erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Elective Affinity Waterfall im Mai 2018 mit einem Auktionsergebnis von USD 2.295.000,00 (€ 1.966.580,98).

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