Rosemary Madigan - Australian Trio

Rosemary Madigan

Australian Trio

Found at Sothebys, Melbourne
Important Australian Art, Lot 65
24. Nov - 24. Nov 2008
Estimate: XX.XXX
Price realised: XX.XXX
ROSEMARY MADIGAN
B. 1926
AUSTRALIANTRIO
Signed with initials and dated 86 to base
Timber and acrylic
Height: 24cm
The collection of Rosemary Madigan, New South Wales

Auction result misses estimated price range

When the work Australian Trio by Rosemary Madigan was auctioned at Sothebys in Melbourne in November 2008, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of AUD 3,000.00 – 4,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for AUD 2,400.00 (€ 1,237.62). Of course, this price has nothing to do with the top prices that other works by Rosemary Madigan achieve. The highest price we have observed so far was reached by the work Head in March 2006 with an auction result of AUD 43,020.00 (€ 25,392.40).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Australian Trio von Rosemary Madigan im November 2008 bei Sothebys in Melbourne versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von AUD 3.000,00 – 4.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für AUD 2.400,00 (€ 1.237,62) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Rosemary Madigan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Head im März 2006 mit einem Auktionsergebnis von AUD 43.020,00 (€ 25.392,40).

Rosemary Madigan - Auction history

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