Arman
Le Naufrage de Méduse (The Shipwreck of Medusa)
Estimate: 800 - 1.200 USD
Price realised: 381 USD
Price realised: 381 USD
Description
1992
The complete deluxe set of four etchings, on Arches paper, with full margins, folded (as issued), with text by Jean Ristat, accompanied by four duplicate etchings, on thin laid paper, with full margins, loose (as issued), all contained in the original blue cloth-covered portfolio.
all I. 14 3/8 x 11 1/2 in. (36.5 x 29.2 cm)
all approx. S. 22 1/4 x 17 3/4 in. (56.5 x 45.1 cm)
portfolio 23 3/4 x 18 3/4 x 1 3/8 in. (60.3 x 47.6 x 3.5 cm)
Signed by the artist and author in pencil on the justification page, additionally signed and dedicated 'Happy Birthday Aaron' and '"ce radeau" empty' and with an original black ink drawing, the etchings on Arches paper all signed and numbered I/XXX in pencil (the edition was 100 and 15 lettered copies), the etchings on laid paper all signed and numbered 'EA I/X' in pencil (artist's proofs, the edition was 15), published by Robert Lydie Dutrou, Paris.
The complete deluxe set of four etchings, on Arches paper, with full margins, folded (as issued), with text by Jean Ristat, accompanied by four duplicate etchings, on thin laid paper, with full margins, loose (as issued), all contained in the original blue cloth-covered portfolio.
all I. 14 3/8 x 11 1/2 in. (36.5 x 29.2 cm)
all approx. S. 22 1/4 x 17 3/4 in. (56.5 x 45.1 cm)
portfolio 23 3/4 x 18 3/4 x 1 3/8 in. (60.3 x 47.6 x 3.5 cm)
Signed by the artist and author in pencil on the justification page, additionally signed and dedicated 'Happy Birthday Aaron' and '"ce radeau" empty' and with an original black ink drawing, the etchings on Arches paper all signed and numbered I/XXX in pencil (the edition was 100 and 15 lettered copies), the etchings on laid paper all signed and numbered 'EA I/X' in pencil (artist's proofs, the edition was 15), published by Robert Lydie Dutrou, Paris.
Auction result misses estimated price range
When the work Le Naufrage de Méduse (The Shipwreck of Medusa) by Arman was auctioned at Phillips in New York in April this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 800.00 – 1,200.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 381.00 (€ 345.11). Of course, this price has nothing to do with the top prices that other works by Arman achieve. The highest price we have observed so far was reached by the work Accord Majeur, 1962 in January 2008 with an auction result of EUR 371,760.00.
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Le Naufrage de Méduse (The Shipwreck of Medusa) von Arman im April diesen Jahres bei Phillips in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 800,00 – 1.200,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 381,00 (€ 345,11) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Arman erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Accord Majeur, 1962 im Januar 2008 mit einem Auktionsergebnis von EUR 371.760,00.