Carl Rungius

Out of the Canyon

Found at Christies, New York
Important American Furniture, Folk Art, Maritime Art and Prints, Lot 91
25. Sep - 25. Sep 2008
Estimate: 1.500 - 2.000 USD
Price realised: 1.250 USD
CARL RUNGIUS
Out of the Canyon
etching, circa 1935, on laid paper, signed in pencil, with margins, a few minute preasure marks at the lower right, mat staining, taped to the overmat at the reverse along the sheet edges (with associated discoloration), otherwise in good condition, framed; and Three Old Gentlemen, etching, circa 1935, signed in pencil, laid down to backing board
each P. 8 x 11 in. (203 x 279 mm.)
S. 10 x 12¾ in. (254 x 324 mm.) and smaller (2)

Auction result misses estimated price range

In September 2008 a collector was able to acquire the work Out of the Canyon by Carl Rungius for USD 1,250.00 (€ 887.72). This price was achieved in the auction Important American Furniture, Folk Art, Maritime Art and Prints at Christies in New York and was even below the estimate range of USD 1,500.00 – 2,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Carl Rungius achieve. The highest price we have observed so far was reached by the work Alaskan Brown Bear-Out of the Shadows in December 2002 with an auction result of USD 581,500.00 (€ 554,601.81).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im September 2008 konnte ein Sammler die Arbeit Out of the Canyon von Carl Rungius für USD 1.250,00 (€ 887,72) erwerben. Dieser Preis wurde in der Auktion Important American Furniture, Folk Art, Maritime Art and Prints bei Christies in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 1.500,00 – 2.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Carl Rungius erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Alaskan Brown Bear-Out of the Shadows im Dezember 2002 mit einem Auktionsergebnis von USD 581.500,00 (€ 554.601,81).