Richard Oelze
Phase
Found at
Christies,
London
Impressionist and Modern Art Day and Works on Paper Sale, Lot 486
4. Mar - 4. Mar 2022
Impressionist and Modern Art Day and Works on Paper Sale, Lot 486
4. Mar - 4. Mar 2022
Estimate: 8.000 - 12.000 GBP
Price realised: 6.300 GBP
Price realised: 6.300 GBP
Description
RICHARD OELZE (1900-1980)
Phase
signed 'Oelze' (lower right)
charcoal on paper
17 3⁄4 x 24 5⁄8 in. (45 x 62.5 cm.)
Executed in 1958
A collection’s many journeys
The works in this family collection were carefully brought together by a passionate collector and enthusiast of the arts over a period of almost thirty years, starting in the early 1960s. Works were bought after much consideration from a few trusted gallerists, occasionally at auction, or, wherever possible, from the artists themselves. Treasures that artists including Hannah Hoch and Walter Dexel had hidden during the Second World War were finally purchased with a combination of money and charm after much discussion of their respective merits. Emerging artists including Richard Oelze and Friedensreich Hundertwasser were supported with, for example, the occasional purchase of a work. The collector would drive through the night across Germany and Switzerland to visit artist friends, attend museum openings or view auction previews. Each new purchase was shown to the family and explained and discussed before finding its place on the walls of the family home. This was not investment, this
Phase
signed 'Oelze' (lower right)
charcoal on paper
17 3⁄4 x 24 5⁄8 in. (45 x 62.5 cm.)
Executed in 1958
A collection’s many journeys
The works in this family collection were carefully brought together by a passionate collector and enthusiast of the arts over a period of almost thirty years, starting in the early 1960s. Works were bought after much consideration from a few trusted gallerists, occasionally at auction, or, wherever possible, from the artists themselves. Treasures that artists including Hannah Hoch and Walter Dexel had hidden during the Second World War were finally purchased with a combination of money and charm after much discussion of their respective merits. Emerging artists including Richard Oelze and Friedensreich Hundertwasser were supported with, for example, the occasional purchase of a work. The collector would drive through the night across Germany and Switzerland to visit artist friends, attend museum openings or view auction previews. Each new purchase was shown to the family and explained and discussed before finding its place on the walls of the family home. This was not investment, this
Auction result misses estimated price range
This work of art by Richard Oelze could be acquired at Christies in London in March last year for an unexpectedly low price. In the Impressionist and Modern Art Day and Works on Paper Sale auction, the work Phase changed hands for GBP 6,300.00 (€ 7,469.36) - missing the lower end of the estimate range of GBP 8,000.00 – 12,000.00. Of course, this price has nothing to do with the top prices that other works by Richard Oelze achieve. The highest price we have observed so far was reached by the work Wald in June 2021 with an auction result of EUR 325,000.00.
Auktionsergebnis verfehlt die Schätzpreisspanne
Dieses Kunstwerk von Richard Oelze konnte im März letzten Jahres bei Christies in London für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Impressionist and Modern Art Day and Works on Paper Sale wechselte die Arbeit Phase für GBP 6.300,00 (€ 7.469,36) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von GBP 8.000,00 – 12.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Richard Oelze erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Wald im Juni 2021 mit einem Auktionsergebnis von EUR 325.000,00.
Richard Oelze - Auction history
Other artists in this auction
