Rackstraw Downes
S-Bend in an Elevated Section of the New Jersey Turnpike
Found at
Sothebys,
New York
Two Centuries: American Art, Lot 80
22. Sep - 6. Oct 2021
Two Centuries: American Art, Lot 80
22. Sep - 6. Oct 2021
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Property of a Prominent Corporation
Rackstraw Downes
b. 1939
S-Bend in an Elevated Section of the New Jersey Turnpike
initialed RD (lower right)
oil on canvas
canvas: 18 by 94 inches (45.7 by 238.8 cm)
Painted in 1996.
The artist | Betty Cuningham Gallery, New York | Acquired by the present owner from the above, 2004
Rackstraw Downes
b. 1939
S-Bend in an Elevated Section of the New Jersey Turnpike
initialed RD (lower right)
oil on canvas
canvas: 18 by 94 inches (45.7 by 238.8 cm)
Painted in 1996.
The artist | Betty Cuningham Gallery, New York | Acquired by the present owner from the above, 2004
Upper estimate price exceeded by more than 100%
This artwork by Rackstraw Downes achieved an unexpectedly high price at Sothebys in New York in October 2021. In the Two Centuries: American Art auction, the work S-Bend in an Elevated Section of the New Jersey Turnpike sold for USD 69,300.00 (€ 59,989.61) - well above the upper estimate of USD 30,000.00. 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 Oktober 2021 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Two Centuries: American Art wurde die Arbeit S-Bend in an Elevated Section of the New Jersey Turnpike für USD 69.300,00 (€ 59.989,61) versteigert – und damit weit über dem oberen Schätzpreis von USD 30.000,00. 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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