Siah Armajani
City Center #1
Estimate: 3.000 - 5.000 USD
Price realised: 15.120 USD
Price realised: 15.120 USD
Description
THIS LOT IS BEING OFFERED AT NO RESERVE
Ground Breaking: Works from the Collection of Joseph & Blanche Blank
SIAH ARMAJANI
1939 - 2020
CITY CENTER #1
signed, titled and dated 97 on the underside
bronze, aluminum miniature shopping carts, miniature barrels and flag
10¼ by 14¼ by 7⅛ in. (26 by 36.2 by 18 cm.)
Executed in 1997, this work is unique.
Senior & Shopmaker Gallery, New York | Acquired from the above by the present owner
Ground Breaking: Works from the Collection of Joseph & Blanche Blank
SIAH ARMAJANI
1939 - 2020
CITY CENTER #1
signed, titled and dated 97 on the underside
bronze, aluminum miniature shopping carts, miniature barrels and flag
10¼ by 14¼ by 7⅛ in. (26 by 36.2 by 18 cm.)
Executed in 1997, this work is unique.
Senior & Shopmaker Gallery, New York | Acquired from the above by the present owner
Artwork auctioned at three times the upper estimate price
When the work City Center #1 by Siah Armajani was auctioned at Sothebys in New York in October 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 5,000.00 but the actual price achieved was more than three times as high at USD 15,120.00 (€ 12,981.88). However, buyers have had to dig much deeper into their pockets for other works by Siah Armajani - we have observed the highest auction result to date for the work Americantomb For Neema, which sold at auction in October 2018 for GBP 32,500.00 (€ 36,649.97).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Als die Arbeit City Center #1 von Siah Armajani im Oktober 2020 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 5.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 15.120,00 (€ 12.981,88) mehr als dreimal so hoch. Für andere Arbeiten von Siah Armajani mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Americantomb For Neema beobachtet, die im Oktober 2018 für GBP 32.500,00 (€ 36.649,97) versteigert wurde.
Siah Armajani - Auction history
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