Rackstraw Downes

The Bennett Place With Lake Quantabakook

Found at Sothebys, New York
Contemporary Art, Lot 275
27. Sep - 27. Sep 2010
Estimate: 20.000 - 30.000 USD
Price realised: 21.250 USD
Rackstraw Downes
B.1939
THE BENNETT PLACE WITH LAKE QUANTABAKOOK
signed with the artist's initials; titled on the stretcher
oil on canvas
22 1/8 by 33 3/4 in.
56.2 by 85.7 cm
Executed in 1973.
Gift of the artist to the present owner

Auction result well in line with expectations

The work The Bennett Place With Lake Quantabakook by Rackstraw Downes was auctioned at Sothebys in New York in September 2010. The estimated price for the artwork was previously given by the auction house with a range of USD 20,000.00 – 30,000.00, the actual price achieved of USD 21,250.00 (€ 15,623.85) could thus just exceed the lower estimate. Admittedly, works by Rackstraw Downes have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Approach To The Holland Tunnel With 75 Varick in November 2016 with an auction result of USD 87,500.00 (€ 82,718.85).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit The Bennett Place With Lake Quantabakook von Rackstraw Downes kam im September 2010 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von USD 21.250,00 (€ 15.623,85) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Rackstraw Downes auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Approach To The Holland Tunnel With 75 Varick im November 2016 mit einem Auktionsergebnis von USD 87.500,00 (€ 82.718,85).

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