Christo
The Umbrellas (Joint Project for Japan and USA)
Estimate: 50.000 - 70.000 GBP
Price realised: 94.500 GBP
Price realised: 94.500 GBP
Description
Christo
1935 - 2020
The Umbrellas (Joint Project for Japan and USA)
signed, titled and dated 1988
graphite, charcoal, wax crayon, pastel, fabric, printed paper and paper collage on paper, in two parts
(i) 78 by 67 cm. 30¾ by 26⅜ in.
(ii) 78 by 31 cm. 30¾ by 12¼ in.
Gumbostrand Konst & Form, Söderkulla | Acquired from the above by the present owner
1935 - 2020
The Umbrellas (Joint Project for Japan and USA)
signed, titled and dated 1988
graphite, charcoal, wax crayon, pastel, fabric, printed paper and paper collage on paper, in two parts
(i) 78 by 67 cm. 30¾ by 26⅜ in.
(ii) 78 by 31 cm. 30¾ by 12¼ in.
Gumbostrand Konst & Form, Söderkulla | Acquired from the above by the present owner
Upper estimate price exceeded by 35 %.
In July 2021 Sothebys in London held the auction Contemporary Art Day Auction, which included the work The Umbrellas (Joint Project for Japan and USA) by Christo. The »bidding war« ended at GBP 94,500.00 (€ 110,820.84), 35% 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 35 % übertroffen
Im Juli 2021 führte Sothebys in London die Auktion Contemporary Art Day Auction durch, in der auch die Arbeit The Umbrellas (Joint Project for Japan and USA) von Christo zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 94.500,00 (€ 110.820,84) und damit 35% 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.