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Pat Steir - When I think of Venice

Pat Steir

When I think of Venice

Found at Bonhams, London
Prints & Multiples, Lot 287
3. Oct - 3. Oct 2023
Estimate: XX.XXX
Price realised: XX.XXX
Pat Steir (born 1938)
When I think of Venice, 1980
Etching with aquatint and drypoint in colors on wove paper, signed in pencil, dated and numbered 32/35 (there were also 10 artist's proofs), with the blindstamp of the publisher Crown Point Press, Oakland, with full margins, framed.
35 1/2 x 48 1/2in (90.1 x 123.1cm)
sheet 41 7/8 x 55in (106.3 x 139.7cm)

Auction result misses estimated price range

When the work When I think of Venice by Pat Steir was auctioned at Bonhams in London in October this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 1,500.00 – 2,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,280.00 (€ 1,211.20). 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 verfehlt die Schätzpreisspanne

Als die Arbeit When I think of Venice von Pat Steir im Oktober diesen Jahres bei Bonhams in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 1.500,00 – 2.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.280,00 (€ 1.211,20) den Besitzer. 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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