Richard Patterson
Untitled (Pink)
Found at
Christies,
London (Online Auction)
First Open: Post-War and Contemporary Art Online, Lot 73
07.Feb - 18.Feb.2020
First Open: Post-War and Contemporary Art Online, Lot 73
07.Feb - 18.Feb.2020
Estimate: 5.000 - 7.000 GBP
Price realised: 21.250 GBP
Price realised: 21.250 GBP
Description
signed, titled and dated 'Untitled (Pink) 2001 Richard Patterson' (on the overlap)
oil on canvas
57 x 48in. (147.5 x 112cm.)
Painted in 2001
James Cohan Gallery, New York. | Acquired from the above by the present owner in 2002.
oil on canvas
57 x 48in. (147.5 x 112cm.)
Painted in 2001
James Cohan Gallery, New York. | Acquired from the above by the present owner in 2002.
Artwork auctioned at three times the upper estimate price
When the work Untitled (Pink) by Richard Patterson was auctioned at Christies in London in February 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 7,000.00 but the actual price achieved was more than three times as high at GBP 21,250.00 (€ 24,628.80). However, buyers have had to dig much deeper into their pockets for other works by Richard Patterson - we have observed the highest auction result to date for the work American Indian, which sold at auction in February 2007 for GBP 38,400.00 (€ 56,926.62).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Als die Arbeit Untitled (Pink) von Richard Patterson im Februar 2020 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 7.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 21.250,00 (€ 24.628,80) mehr als dreimal so hoch. Für andere Arbeiten von Richard Patterson mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit American Indian beobachtet, die im Februar 2007 für GBP 38.400,00 (€ 56.926,62) versteigert wurde.
Richard Patterson - Auction history
Other artists in this auction
