Paul Winstanley
Lounge 3
Estimate: 8.000 - 12.000 USD
Price realised: 5.000 USD
Price realised: 5.000 USD
Description
signed, titled and dated 'WINSTANLEY Lounge 3 1996' (on the reverse)
oil on linen
60 x 51¾ in. (152.4 x 131.4 cm.)
Painted in 1996.
Maureen Paley, London | Acquired from the above by the present owner, 1998
oil on linen
60 x 51¾ in. (152.4 x 131.4 cm.)
Painted in 1996.
Maureen Paley, London | Acquired from the above by the present owner, 1998
Auction result misses estimated price range
When the work Lounge 3 by Paul Winstanley was auctioned at Christies in New York in March 2015, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 8,000.00 – 12,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 5,000.00 (€ 4,655.06). Admittedly, works by Paul Winstanley have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Interior (Boodles) in October 2007 with an auction result of GBP 18,500.00 (€ 26,567.22).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Lounge 3 von Paul Winstanley im März 2015 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 8.000,00 – 12.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 5.000,00 (€ 4.655,06) den Besitzer. Freilich wurden Arbeiten von Paul Winstanley auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Interior (Boodles) im Oktober 2007 mit einem Auktionsergebnis von GBP 18.500,00 (€ 26.567,22).
Paul Winstanley - Auction history
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