Pat Steir
Self as Madame Matisse
Found at
Bonhams,
London (Online Auction)
Post-War & Contemporary Art Online Sale, Lot 42
8. Dec - 15. Dec 2023
Post-War & Contemporary Art Online Sale, Lot 42
8. Dec - 15. Dec 2023
Estimate: 700 - 1.000 GBP
Price realised: 9.600 GBP
Price realised: 9.600 GBP
Description
PAT STEIR (B. 1938)
Self as Madame Matisse
1985
signed with the artist's initials, titled and dated 1/2/85
acrylic on paper
image: 24.8 by 25.1 cm.
9 3/4 by 9 7/8 in.
sheet: 65.5 by 50.3 cm.
Private Collection, UK | Thence by descent to the present owner
Self as Madame Matisse
1985
signed with the artist's initials, titled and dated 1/2/85
acrylic on paper
image: 24.8 by 25.1 cm.
9 3/4 by 9 7/8 in.
sheet: 65.5 by 50.3 cm.
Private Collection, UK | Thence by descent to the present owner
Artwork auctioned at nine times the upper estimate price
When the work Self as Madame Matisse by Pat Steir was auctioned at Bonhams in London in December this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 1,000.00 but the actual price achieved was more than nine times as high at GBP 9,600.00 (€ 11,058.83). 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).
Kunstwerk zum Neunfachen des oberen Schätzpreises versteigert
Als die Arbeit Self as Madame Matisse von Pat Steir im Dezember diesen Jahres bei Bonhams in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 1.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 9.600,00 (€ 11.058,83) mehr als neunmal so hoch. 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).
Pat Steir - Auction history
Other artists in this auction
