Paul Kelpe
Composition #518
Estimate: 8.000 - 12.000 USD
Price realised: 60.000 USD
Price realised: 60.000 USD
Description
Paul Kelpe
1902 - 1985
COMPOSITION #518
signed PAUL KELPE and dated 35 (lower right)
oil on Masonite
18 by 23 inches
(45.7 by 58.4 cm)
The Contemporary Arts Gallery, New York | William H. McNeill, Connecticut | Colebrook Senior and Community Center, Colebrook, Connecticut (acquired as a gift from the above and sold: Stateline Auctions, New Canaan, Connecticut, September 11, 2016, lot 93) | Acquired from the above sale by the present owner
1902 - 1985
COMPOSITION #518
signed PAUL KELPE and dated 35 (lower right)
oil on Masonite
18 by 23 inches
(45.7 by 58.4 cm)
The Contemporary Arts Gallery, New York | William H. McNeill, Connecticut | Colebrook Senior and Community Center, Colebrook, Connecticut (acquired as a gift from the above and sold: Stateline Auctions, New Canaan, Connecticut, September 11, 2016, lot 93) | Acquired from the above sale by the present owner
A top price for Paul Kelpe
When the work Composition #518 by Paul Kelpe was auctioned at Sothebys in New York in April 2017, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 12,000.00 but the actual price achieved was more than five times as high at USD 60,000.00 (€ 55,071.13). This high result makes Composition #518 the most expensive artwork by Paul Kelpe that we have observed at auctions so far.
Ein Spitzenpreis für Paul Kelpe
Als die Arbeit Composition #518 von Paul Kelpe im April 2017 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 12.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 60.000,00 (€ 55.071,13) mehr als fünfmal so hoch. Dieses hohe Ergebnis macht Composition #518 zu dem teuersten Kunstwerk von Paul Kelpe, das wir bisher bei Auktionen beobachtet haben.
Paul Kelpe - Auction history
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