Patrick Nagel

Kristen

Found at Phillips, New York Auction
20th Century & Contemporary Art Day Sale, Morning Session, Lot 208
15. May - 15. May 2019
Estimate: 60.000 - 90.000 USD
Price realised: 300.000 USD
signed "Nagel 1" lower left
acrylic on canvas mounted on wood
30 x 20 1/4 in. (76.2 x 51.5 cm.)
Executed circa 1982-1983.
11th Street Gallery, Santa Monica | Private Collection | Bruun Rasmussen Auctioneers, Copenhagen, October 3, 2011, lot 708 | Acquired at the above sale by the present owner

A top price for Patrick Nagel

When the work Kristen by Patrick Nagel was auctioned at Phillips in New York in May 2019, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 90,000.00 but the actual price achieved was more than three times as high at USD 300,000.00 (€ 269,082.43). This high result makes Kristen the most expensive artwork by Patrick Nagel that we have observed at auctions so far.

Ein Spitzenpreis für Patrick Nagel

Als die Arbeit Kristen von Patrick Nagel im Mai 2019 bei Phillips in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 90.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 300.000,00 (€ 269.082,43) mehr als dreimal so hoch. Dieses hohe Ergebnis macht Kristen zu dem teuersten Kunstwerk von Patrick Nagel, das wir bisher bei Auktionen beobachtet haben.

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