Alex Katz

Blue Umbrella I

Found at Phillips, London Auction
20th Century & Contemporary Art Evening Sale, Lot 14
2. Oct - 2. Oct 2019
Estimate: 800.000 - 1.200.000 GBP
Price realised: 3.375.000 GBP
signed and dated 'Alex Katz 1972' on the overlap
oil on canvas
86.7 x 121.9 cm (34 1/8 x 48 in.)
Painted in 1972.
Marlborough Gallery, New York | Private Collection | Waddington Galleries, London | Arij Gasiunasen Fine Art, Palm Beach (acquired from the above in May 1993) | Collection of Rena Rowan, Palm Beach | Private Collection, New York (thence by descent)

A top price for Alex Katz

This artwork by Alex Katz achieved an unexpectedly high price at Phillips in London in October 2019. In the 20th Century & Contemporary Art Evening Sale auction, the work Blue Umbrella I sold for GBP 3,375,000 (€ 3,914,758) - well above the upper estimate of GBP 1,200,000. This high result makes Blue Umbrella I the most expensive artwork by Alex Katz that we have observed at auctions so far.

Ein Spitzenpreis für Alex Katz

Dieses Kunstwerk von Alex Katz erzielte im Oktober 2019 bei Phillips in London einen unerwartet hohen Preis. In der Auktion 20th Century & Contemporary Art Evening Sale wurde die Arbeit Blue Umbrella I für GBP 3.375.000 (€ 3.914.758) versteigert – und damit weit über dem oberen Schätzpreis von GBP 1.200.000. Dieses hohe Ergebnis macht Blue Umbrella I zu dem teuersten Kunstwerk von Alex Katz, das wir bisher bei Auktionen beobachtet haben.

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