Christo

The Gates (Project for Central Park, New York City)

Found at Christies, London
Post-War and Contemporary Art Day Sale, Lot 321
2. Mar - 2. Mar 2022
Estimate: 15.000 - 20.000 GBP
Price realised: 47.880 GBP
CHRISTO (1935-2020)
The Gates (Project for Central Park, New York City)
signed, titled and dated 'The Gates (Project For Central Park, New York City) 1992 Christo' (lower edge); signed, inscribed and dated '© CHRISTO 1992' (on the reverse)
wax crayon, graphite, charcoal, enamel on photograph by Wolfgang Volz on paper, in Plexiglas box
14 1⁄4 x 11 1⁄4 x 1 1⁄4in. (36.2 x 28.6 x 3.2cm.)
Executed in 1992

Upper estimate price exceeded by more than 100%

This artwork by Christo achieved an unexpectedly high price at Christies in London in March this year. In the Post-War and Contemporary Art Day Sale auction, the work The Gates (Project for Central Park, New York City) sold for GBP 47,880 (€ 56,767) - well above the upper estimate of GBP 20,000. 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.

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Christo erzielte im März diesen Jahres bei Christies in London einen unerwartet hohen Preis. In der Auktion Post-War and Contemporary Art Day Sale wurde die Arbeit The Gates (Project for Central Park, New York City) für GBP 47.880 (€ 56.767) versteigert – und damit weit über dem oberen Schätzpreis von GBP 20.000. 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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