Christo
The Gates (Project for Central Park NYC)
Estimate: 50.000 - 70.000 GBP
Price realised: 100.000 GBP
Price realised: 100.000 GBP
Description
CHRISTO (1935-2020)
The Gates (Project for Central Park NYC)
signed, titled, inscribed and dated 'The Gates (Project for Central Park NYC) Central Park South, 5th Avenue, Central Park West, West 110th. St. Christo 2004' (lower edge); signed and dated 'CHRISTO 2004' (on the reverse)
enamel paint, charcoal, wax crayon, graphite, tape, fabric and photograph by Wolfgang Volz on paper, in artist's Plexiglas box
16 7/8 x 22in. (43 x 55.8cm.)
Executed in 2004
The Gates (Project for Central Park NYC)
signed, titled, inscribed and dated 'The Gates (Project for Central Park NYC) Central Park South, 5th Avenue, Central Park West, West 110th. St. Christo 2004' (lower edge); signed and dated 'CHRISTO 2004' (on the reverse)
enamel paint, charcoal, wax crayon, graphite, tape, fabric and photograph by Wolfgang Volz on paper, in artist's Plexiglas box
16 7/8 x 22in. (43 x 55.8cm.)
Executed in 2004
Upper estimate price exceeded by 43 %.
In October 2021 Christies held the auction Post-War and Contemporary Art Day Sale, which included the work The Gates (Project for Central Park NYC) by Christo. The »bidding war« ended at GBP 100,000.00 (€ 118,472.99), 43% above the upper estimate. 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 2021 with an auction result of EUR 1,706,500.00.
Oberer Schätzpreis um 43 % übertroffen
Im Oktober 2021 führte Christies die Auktion Post-War and Contemporary Art Day Sale durch, in der auch die Arbeit The Gates (Project for Central Park NYC) von Christo zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 100.000,00 (€ 118.472,99) und damit 43% über dem oberen Schätzpreis. 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 2021 mit einem Auktionsergebnis von EUR 1.706.500,00.