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Theaster Gates - Dirty Red

Theaster Gates

Dirty Red

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art Evening Sale in Association with Poly Auction, Lot 21
8. Jun - 8. Jun 2021
Estimate: XX.XXX
Price realised: XX.XXX
fire hose and wood, in 5 parts
(i) 152.3 x 130.3 cm. (59 7/8 x 51 1/4 in.)
(ii) 152.3 x 128.5 cm. (59 7/8 x 50 5/8 in.)
(iii) 152.3 x 123 cm. (59 7/8 x 48 3/8 in.)

Auction result well in line with expectations

In June 2021 Phillips in Hong Kong held the auction 20th Century & Contemporary Art Evening Sale in Association with Poly Auction, which included the work Dirty Red by Theaster Gates. It changed hands for a price of HKD 5,922,000.00 (€ 643,282.75) achieving a result in the upper range of the estimate price range of HKD 4,600,000.00 – 6,200,000.00. Other works by Theaster Gates have already achieved higher auction prices, for example, in December 2018 the work A Flag For The Least Of Them was auctioned for USD 807,000.00 (€ 704,434.36).

Auktionsergebnis im Rahmen der Erwartungen

Im Juni 2021 führte Phillips in Hong Kong die Auktion 20th Century & Contemporary Art Evening Sale in Association with Poly Auction durch, in der auch die Arbeit Dirty Red von Theaster Gates zur Versteigerung kam. Dabei wechselte sie für einen Preis von HKD 5.922.000,00 (€ 643.282,75) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 4.600.000,00 – 6.200.000,00. Andere Arbeiten von Theaster Gates konnten bereits höhere Auktionspreise erzielen, so wurde im Dezember 2018 die Arbeit A Flag For The Least Of Them für USD 807.000,00 (€ 704.434,36) versteigert.

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