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Ruth Asawa - Untitled (S.669, Freestanding Tied-Wire, Closed Center, Six-Branched Tree Form)

Ruth Asawa

Untitled (S.669, Freestanding Tied-Wire, Closed Center, Six-Branched Tree Form)

Found at Sothebys, New York
Contemporary Curated, Lot 16
2. Oct - 2. Oct 2020
Estimate: XX.XXX
Price realised: XX.XXX
The Collector's Eye: Property from the Collection of Dr. M. Wallace and Mrs. Faega Friedman
RUTH ASAWA
1926 - 2013
UNTITLED (S.669, FREESTANDING TIED-WIRE, CLOSED CENTER, SIX-BRANCHED TREE FORM)
copper weld and copper wire on bronze base
34⅝ by 36 by 36 in. 87.9 by 91.4 by 91.4 cm.
Executed circa 1963.
Taylor & Ng, San Francisco | Acquired from the above by the present owner in May 1969

Auction result well in line with expectations

The work Untitled (S.669, Freestanding Tied-Wire, Closed Center, Six-Branched Tree Form) by Ruth Asawa was sold in the Contemporary Curated auction at Sothebys in New York in October 2020. The estimated price for the artwork was previously given by the auction house with a range of USD 300,000.00 – 400,000.00, the actual price achieved of USD 302,400.00 (€ 259,637.67) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Ruth Asawa achieve. The highest price we have observed so far was reached by the work Untitled (S.387, Hanging Three Separate Layers of Three-Lobed Forms) in November 2019 with an auction result of USD 4,095,000.00 (€ 3,716,308.19).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (S.669, Freestanding Tied-Wire, Closed Center, Six-Branched Tree Form) von Ruth Asawa wurde im Oktober 2020 in der Auktion Contemporary Curated bei Sothebys in New York versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 300.000,00 – 400.000,00 angegeben, der tatsächlich erzielte Preis von USD 302.400,00 (€ 259.637,67) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ruth Asawa erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled (S.387, Hanging Three Separate Layers of Three-Lobed Forms) im November 2019 mit einem Auktionsergebnis von USD 4.095.000,00 (€ 3.716.308,19).

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