Pat Steir

Waterfall

Found at Phillips, New York Auction
Editions & Works on Paper, Lot 257
24. Oct - 26. Oct 2023
Estimate: 3.000 - 5.000 USD
Price realised: 9.525 USD
1988
Etching and aquatint in colors, on wove paper, with full margins.
I. 44 5/8 x 35 3/4 in. (113.3 x 90.8 cm)
S. 53 3/8 x 41 3/8 in. (135.6 x 105.1 cm)
Signed, titled, dated and numbered 36/60 in pencil (there were also 10 artist's proofs), published by Crown Point Press, San Francisco (with their blindstamp), framed.

Upper estimate price exceeded by 91 %.

This artwork by Pat Steir achieved an unexpectedly high price at Phillips in New York in October this year. In the Editions & Works on Paper auction, the work Waterfall sold for USD 9,525.00 (€ 9,013.06) - well above the upper estimate of USD 5,000.00. 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).

Oberer Schätzpreis um 91 % übertroffen

Dieses Kunstwerk von Pat Steir erzielte im Oktober diesen Jahres bei Phillips in New York einen unerwartet hohen Preis. In der Auktion Editions & Works on Paper wurde die Arbeit Waterfall für USD 9.525,00 (€ 9.013,06) versteigert – und damit weit über dem oberen Schätzpreis von USD 5.000,00. 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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