Ralph Balson

Abstract

Found at Christies, London
Modern and Contemporary Australian Art with Works by 20th Century African Artists, Lot 29
11. Oct - 11. Oct 2011
Estimate: 700 - 1.000 GBP
Price realised: 625 GBP
Ralph Balson (1890-1964)
Abstract
signed and dated 'R Balson 58' (lower right)
pastel on paper
unframed
10¾ x 7 7/8in. (27.5 x 20cm.)

Auction result misses estimated price range

When the work Abstract by Ralph Balson was auctioned at Christies in London in October 2011, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 700.00 – 1,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 625.00 (€ 723.32). Of course, this price has nothing to do with the top prices that other works by Ralph Balson achieve. The highest price we have observed so far was reached by the work Untitled, 1941 in November 2018 with an auction result of AUD 402,600.00 (€ 355,559.48).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Abstract von Ralph Balson im Oktober 2011 bei Christies in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 700,00 – 1.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 625,00 (€ 723,32) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ralph Balson erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled, 1941 im November 2018 mit einem Auktionsergebnis von AUD 402.600,00 (€ 355.559,48).

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