Rackstraw Downes
110Th And Broadway
Found at
Sothebys,
New York
Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections, Lot 136
25. Sep - 25. Sep 2010
Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections, Lot 136
25. Sep - 25. Sep 2010
Estimate: 25.000 - 35.000 USD
Price realised: 86.500 USD
Price realised: 86.500 USD
Description
Rackstraw Downes
B.1939
110TH AND BROADWAY
titled and dated 1978-1980 on the reverse
oil on canvas
23 by 39 1/4 in. 58.4 by 99.7 cm.
Hirschl and Adler Modern, New York | Private Collection, Kansas | Sotheby's, New York, May 7, 1992, lot 287 | Acquired by the present owner from the above sale
B.1939
110TH AND BROADWAY
titled and dated 1978-1980 on the reverse
oil on canvas
23 by 39 1/4 in. 58.4 by 99.7 cm.
Hirschl and Adler Modern, New York | Private Collection, Kansas | Sotheby's, New York, May 7, 1992, lot 287 | Acquired by the present owner from the above sale
Upper estimate price exceeded by more than 100%
This artwork by Rackstraw Downes achieved an unexpectedly high price at Sothebys in New York in September 2010. In the Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections auction, the work 110Th And Broadway sold for USD 86,500.00 (€ 63,598.26) - well above the upper estimate of USD 35,000.00. Despite this good result, it is not the highest hammer price for an artwork by Rackstraw Downes; that achieved among the auctions we observed the lot Approach To The Holland Tunnel With 75 Varick sold at auction in November 2016 with the realized price of USD 87,500.00 (€ 82,718.85).
Oberer Schätzpreis um mehr als 100% übertroffen
Dieses Kunstwerk von Rackstraw Downes erzielte im September 2010 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections wurde die Arbeit 110Th And Broadway für USD 86.500,00 (€ 63.598,26) versteigert – und damit weit über dem oberen Schätzpreis von USD 35.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Rackstraw Downes; den erzielte unter den von uns beobachteten Auktionen die Arbeit Approach To The Holland Tunnel With 75 Varick im November 2016 mit dem Hammerpreis von USD 87.500,00 (€ 82.718,85).
Rackstraw Downes - Auction history
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