Christo

Package on Handtruck, Project

Found at Phillips, Online Auction
Color & Scale: The Estate of Martha Hummer Bradley, Lot 20
14. Sep - 21. Sep 2022
Estimate: 1.200 - 1.800 USD
Price realised: 5.670 USD
1981
Lithograph in colors with collage of brown canvas, twine and staples, on Museum Board mounted on cardboard (as issued), the full sheet.
27 3/4 x 22 in. (70.5 x 55.9 cm)
Signed, dated and numbered 48/100 in pencil, published by Abrams Original Editions, New York.

Artwork auctioned at three times the upper estimate price

When the work Package on Handtruck, Project by Christo was auctioned at Phillips in an online auction in September this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 1,800 but the actual price achieved was more than three times as high at USD 5,670 (€ 5,796). Of course, this price has nothing to do with the top prices that other works by Christo achieve. The highest price we have observed so far was reached by the work The Umbrellas (Joint project for Japan and USA) in February last year with an auction result of EUR 1,706,500.

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Package on Handtruck, Project von Christo im September diesen Jahres bei Phillips in einer Online-Auktion versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 1.800 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 5.670 (€ 5.796) mehr als dreimal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Christo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Umbrellas (Joint project for Japan and USA) im Februar letzten Jahres mit einem Auktionsergebnis von EUR 1.706.500.

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