Alexander Calder

Sea Serpent

Found at Bonhams
Post-War & Contemporary Art, Lot 22
18. May - 18. May 2023
Estimate: 50.000 - 70.000 USD
Price realised: 113.775 USD
PROPERTY FROM THE BANKRUPTCY ESTATE OF CHOWAIKI & CO. FINE ART LTD.
ALEXANDER CALDER (1898-1976)
Sea Serpent
1976
signed and dated 76
gouache and ink on paper
29 1/2 by 43 1/4 in.
74.9 by 109.9 cm.
The Estate of the artist, New York | Acquired directly from the above by the present owner in 2015

Upper estimate price exceeded by 63 %.

In May this year Bonhams held the auction Post-War & Contemporary Art, which included the work Sea Serpent by Alexander Calder. The »bidding war« ended at USD 113,775.00 (€ 106,790.88), 63% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Alexander Calder achieve. The highest price we have observed so far was reached by the work Poisson volant (Flying Fish) in May 2014 with an auction result of USD 25,925,000.00 (€ 19,006,598.24).

Oberer Schätzpreis um 63 % übertroffen

Im Mai diesen Jahres führte Bonhams die Auktion Post-War & Contemporary Art durch, in der auch die Arbeit Sea Serpent von Alexander Calder zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 113.775,00 (€ 106.790,88) und damit 63% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Alexander Calder erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Poisson volant (Flying Fish) im Mai 2014 mit einem Auktionsergebnis von USD 25.925.000,00 (€ 19.006.598,24).

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