Barnett Newman

Untitled

Found at Sothebys, New York
Modern Evening Auction, Lot 13
9. May - 18. May 2022
Estimate: 1.500.000 - 2.000.000 USD
Price realised: 1.865.000 USD
Drawn Together: The Collection of Marcia and Stanley Gumberg, featuring Modern Masterworks on Paper
Barnett Newman
1905 - 1970
Untitled
signed Barnett Newman and dated 1946 (lower right)
ink on paper
23 ¾ by 17 ⅝ in. 60.3 by 44.8 cm.
Executed in 1946.
---------------------------------------------------------- 同途樂藝:瑪西婭與史丹利・甘堡伉儷收藏,特呈現代大師紙本傑作
Estate of the artist (AN #D-12) | Annalee Newman, New York (acquired from the above) | Anthony d'Offay Gallery, London | Acquired from the above in May 1992 by the present owner

Auction result well in line with expectations

In May last year Sothebys in New York held the auction Modern Evening Auction, which included this untitled work by Barnett Newman. The price achieved of USD 1,865,000.00 (€ 1,737,955.46) was within expectations - the estimate range had previously been set by the auction house as USD 1,500,000.00 – 2,000,000.00. 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 im Rahmen der Erwartungen

Im Mai letzten Jahres führte Sothebys in New York die Auktion Modern Evening Auction durch, in der auch diese Arbeit ohne Titel von Barnett Newman zur Versteigerung kam. Der dabei erzielte Preis von USD 1.865.000,00 (€ 1.737.955,46) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 1.500.000,00 – 2.000.000,00 angegeben worden. 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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