William Johnstone

Figure study

Found at Christies, London
Christie's Interiors, Lot 413
8. Feb - 8. Feb 2011
Estimate: 400 - 600 GBP
Price realised: 325 GBP
William Johnstone (1897-1981)
Figure study
indistinctly inscribed and dated '1975' (lower right)
watercolour
31 x 23 in. (78.7 x 58.4 cm.)

Auction result misses estimated price range

When the work Figure study by William Johnstone was auctioned at Christies in London in February 2011, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 400.00 – 600.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 325.00 (€ 382.82). Of course, this price has nothing to do with the top prices that other works by William Johnstone achieve. The highest price we have observed so far was reached by the work Earth, Air, Fire, Water in May 2007 with an auction result of GBP 19,200.00 (€ 28,254.10).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Figure study von William Johnstone im Februar 2011 bei Christies in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 400,00 – 600,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 325,00 (€ 382,82) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von William Johnstone erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Earth, Air, Fire, Water im Mai 2007 mit einem Auktionsergebnis von GBP 19.200,00 (€ 28.254,10).

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