- Art.Salon
- Artists
- Red Grooms
- The Burning Building
Red Grooms
The Burning Building
Found at
Bonhams,
Skinner Marlborough, Massachusetts
Modern & Contemporary Art, Lot 17
17. Nov - 17. Nov 2022
Modern & Contemporary Art, Lot 17
17. Nov - 17. Nov 2022
Estimate: 200 - 300 USD
Price realised: 2.200 USD
Price realised: 2.200 USD
Description
Estate of Marcus Ratliff, Vermont
Red Grooms (American, born 1937)
The Burning Building, eight ink on paper preparatory drawings and one color woodcut promotional poster for the 1959 performance piece
one drawing signed 'c grooms' (center right)
ink on paper and color woodcut on paper
largest sheet: 14 x 10 9/16 in (35.5 x 26.8 cm)
Estate of Marcus Ratliff, Vermont
Red Grooms (American, born 1937)
The Burning Building, eight ink on paper preparatory drawings and one color woodcut promotional poster for the 1959 performance piece
one drawing signed 'c grooms' (center right)
ink on paper and color woodcut on paper
largest sheet: 14 x 10 9/16 in (35.5 x 26.8 cm)
Estate of Marcus Ratliff, Vermont
Artwork auctioned at seven times the upper estimate price
When the work The Burning Building by Red Grooms was auctioned at Bonhams in Skinner Marlborough, Massachusetts in November last year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 300.00 but the actual price achieved was more than seven times as high at USD 2,200.00 (€ 2,131.16). Of course, this price has nothing to do with the top prices that other works by Red Grooms achieve. The highest price we have observed so far was reached by the work Joltin' Joe Takes a Swing in May 2001 with an auction result of USD 70,500.00 (€ 83,382.61).
Kunstwerk zum Siebenfachen des oberen Schätzpreises versteigert
Als die Arbeit The Burning Building von Red Grooms im November letzten Jahres bei Bonhams in Skinner Marlborough, Massachusetts versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 300,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 2.200,00 (€ 2.131,16) mehr als siebenmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Red Grooms erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Joltin' Joe Takes a Swing im Mai 2001 mit einem Auktionsergebnis von USD 70.500,00 (€ 83.382,61).