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Stephen Hannock - Flooded Reservoir: Golden Dusk

Stephen Hannock

Flooded Reservoir: Golden Dusk

Found at Phillips, New York Auction
New Now, Lot 249
8. Mar - 8. Mar 2023
Estimate: XX.XXX
Price realised: XX.XXX
polished oil and monotype on paper
9 3/4 x 7 1/2 in. (24.8 x 19.1 cm)
Executed in 1993.

Auction result well in line with expectations

In March this year Phillips in New York held the auction New Now, which included the work Flooded Reservoir: Golden Dusk by Stephen Hannock. The price achieved of USD 3,810.00 (€ 3,504.42) was within expectations - the estimate range had previously been set by the auction house as USD 3,000.00 – 5,000.00. Of course, this price has nothing to do with the top prices that other works by Stephen Hannock achieve. The highest price we have observed so far was reached by the work The Oxbow, for Lane Faison with Betty and Agnes Mongan (Mass MoCA #147) in May 2019 with an auction result of USD 250,075.00 (€ 224,302.63).

Auktionsergebnis im Rahmen der Erwartungen

Im März diesen Jahres führte Phillips in New York die Auktion New Now durch, in der auch die Arbeit Flooded Reservoir: Golden Dusk von Stephen Hannock zur Versteigerung kam. Der dabei erzielte Preis von USD 3.810,00 (€ 3.504,42) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 3.000,00 – 5.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Stephen Hannock erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Oxbow, for Lane Faison with Betty and Agnes Mongan (Mass MoCA #147) im Mai 2019 mit einem Auktionsergebnis von USD 250.075,00 (€ 224.302,63).

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