Yuri Albert

Russian palette

Found at Sothebys, London
Contemporary East, Lot 286
7. Jun - 7. Jun 2016
Estimate: 4.000 - 6.000 GBP
Price realised: 4.250 GBP
Yuri Albert
B.1959
RUSSIANPALETTE
signed in Cyrillic and dated I.87 l.l.
oil on canvas
116 by 116cm, 45 1/2 by 45 1/2 in.
Acquired directly from the artist by the present owner

Auction result well in line with expectations

The work Russian palette by Yuri Albert was auctioned at Sothebys in London in June 2016. The estimated price for the artwork was previously given by the auction house with a range of GBP 4,000.00 – 6,000.00, the actual price achieved of GBP 4,250.00 (€ 5,101.39) could thus just exceed the lower estimate. Admittedly, works by Yuri Albert have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work I'M Not Kabakov in November 2014 with an auction result of GBP 37,500.00 (€ 47,147.85).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Russian palette von Yuri Albert kam im Juni 2016 bei Sothebys in London zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 4.000,00 – 6.000,00 angegeben, der tatsächlich erzielte Preis von GBP 4.250,00 (€ 5.101,39) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Yuri Albert auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit I'M Not Kabakov im November 2014 mit einem Auktionsergebnis von GBP 37.500,00 (€ 47.147,85).

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