Piet Mondrian
Chrysanthemum
Estimate: 150.000 - 250.000 USD
Price realised: 579.600 USD
Price realised: 579.600 USD
Description
Drawn Together: The Collection of Marcia and Stanley Gumberg, featuring Modern Masterworks on Paper
Piet Mondrian
1872 - 1944
Chrysanthemum
signed P. Mondriaan (lower right)
watercolor and pencil on paper
12⅜ by 9⅛ in.
31.2 by 23.2 cm.
Executed circa 1908.
Galerie Beyeler, Basel (acquired by 1964) | Emily Milliken Wilson, Washington, D.C. (acquired by 1968) | Sotheby's New York, 15 November 1984, lot 114 (consigned by the estate of the above) | Acquired from the above by the present owner
Piet Mondrian
1872 - 1944
Chrysanthemum
signed P. Mondriaan (lower right)
watercolor and pencil on paper
12⅜ by 9⅛ in.
31.2 by 23.2 cm.
Executed circa 1908.
Galerie Beyeler, Basel (acquired by 1964) | Emily Milliken Wilson, Washington, D.C. (acquired by 1968) | Sotheby's New York, 15 November 1984, lot 114 (consigned by the estate of the above) | Acquired from the above by the present owner
Upper estimate price exceeded by more than 100%
This artwork by Piet Mondrian achieved an unexpectedly high price at Sothebys in New York in May last year. In the Modern Day Auction auction, the work Chrysanthemum sold for USD 579,600.00 (€ 540,117.42) - well above the upper estimate of USD 250,000.00. Of course, this price has nothing to do with the top prices that other works by Piet Mondrian achieve. The highest price we have observed so far was reached by the work Composition No. III, with Red, Blue, Yellow, and Black, 1929 in May 2015 with an auction result of USD 50,565,000.00 (€ 45,993,269.06).
Oberer Schätzpreis um mehr als 100% übertroffen
Dieses Kunstwerk von Piet Mondrian erzielte im Mai letzten Jahres bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Modern Day Auction wurde die Arbeit Chrysanthemum für USD 579.600,00 (€ 540.117,42) versteigert – und damit weit über dem oberen Schätzpreis von USD 250.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Piet Mondrian erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Composition No. III, with Red, Blue, Yellow, and Black, 1929 im Mai 2015 mit einem Auktionsergebnis von USD 50.565.000,00 (€ 45.993.269,06).
Piet Mondrian - Auction history
Other artists in this auction
![Hans Hofmann - The Hand (Red Painting) [The Blue Hand]](/images/hans-hofmann_the-hand-red-painting-the-blue-hand_AID711361_320x320.jpg)
![Willem de Kooning - Untitled [Four Works]](/images/willem-de-kooning_untitled-four-works_AID711286_320x320.jpg)
