Brice Marden

For Otis (Back Series)

Found at Christies, New York
The Collection of Thomas and Doris Ammann Evening Sale, Lot 10 A
9. May - 9. May 2022
Estimate: 5.000.000 - 7.000.000 USD
Price realised: 3.900.000 USD
BRICE MARDEN (b. 1938)
For Otis (Back Series)
signed, titled and dated 'for Otis (Back Series) 1967-68 Brice Marden' (on the reverse)
oil and beeswax on canvas
69 x 45 in. (175.4 x 114.3 cm.)
Painted in 1967-1968.

Auction result misses estimated price range

When the work For Otis (Back Series) by Brice Marden was auctioned at Christies in New York in May this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 5,000,000 – 7,000,000, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 3,900,000 (€ 3,634,330). Admittedly, works by Brice Marden have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work 11 (to Léger) in November last year with an auction result of USD 16,999,000 (€ 15,060,689).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit For Otis (Back Series) von Brice Marden im Mai diesen Jahres bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 5.000.000 – 7.000.000 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 3.900.000 (€ 3.634.330) den Besitzer. Freilich wurden Arbeiten von Brice Marden auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit 11 (to Léger) im November letzten Jahres mit einem Auktionsergebnis von USD 16.999.000 (€ 15.060.689).

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