Barnett Newman

The Moment (Barnett Newman Foundation 227)

Found at Sothebys, New York
Important Prints & Multiples: Part I, Lot 53
22. Apr - 22. Apr 2021
Estimate: 10.000 - 15.000 USD
Price realised: 8.820 USD
Barnett Newman
1905 - 1970
The Moment (Barnett Newman Foundation 227)
Screenprint in colors, 1966, with the artist's incised signature, dated and numbered 61/125 (total edition includes 16 proofs lettered A-P), from Four on Plexiglas, on Plexiglas backed with ragboard mounted on wood, printed by Knickerbocker Machine and Foundry, Inc., published by Multiples Press, Inc., New York
overall: 1241 by 127 mm 48 ⅞ by 5 in

Auction result misses estimated price range

When the work The Moment (Barnett Newman Foundation 227) by Barnett Newman was auctioned at Sothebys in New York in April 2021, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 10,000.00 – 15,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 8,820.00 (€ 7,331.67). Of course, this price has nothing to do with the top prices that other works by Barnett Newman achieve. The highest price we have observed so far was reached by the work Black Fire I in May 2014 with an auction result of USD 84,165,000.00 (€ 61,704,545.45).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit The Moment (Barnett Newman Foundation 227) von Barnett Newman im April 2021 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 10.000,00 – 15.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 8.820,00 (€ 7.331,67) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Barnett Newman erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Black Fire I im Mai 2014 mit einem Auktionsergebnis von USD 84.165.000,00 (€ 61.704.545,45).

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