Christo

Wrapped Walkways, Project for Jacob L. Loose Park, Kansas City, Missouri

Found at Christies, New York
The Surrealist World of Rosalind Gersten Jacobs and Melvin Jacobs, Lot 624
14. May - 14. May 2022
Estimate: 70.000 - 100.000 USD
Price realised: 63.000 USD
CHRISTO (1935-2020)
Wrapped Walkways, Project for Jacob L. Loose Park, Kansas City, Missouri
signed, titled and dated ‘Christo 1978 WRAPPED WALKWAYS (PROJECT FOR JACOB L. LOOSE PARK, KANSAS CITY, MISSOURI’ (on the upper edge of the left panel)
graphite, charcoal, pastel, photograph, staples, map and fabric collage on board, mounted to panel, in Plexiglas box, in two parts
each: 28 1⁄2 x 22 1⁄4 in. (72.4 x 56.5 cm.)
overall: 28 1⁄2 x 44 in. (71.1 x 111.8 cm.)
Executed in 1978

Auction result misses estimated price range

When the work Wrapped Walkways, Project for Jacob L. Loose Park, Kansas City, Missouri by Christo was auctioned at Christies in New York in May this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 70,000 – 100,000, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 63,000 (€ 58,708). 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.

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Wrapped Walkways, Project for Jacob L. Loose Park, Kansas City, Missouri von Christo im Mai diesen Jahres bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 70.000 – 100.000 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 63.000 (€ 58.708) den Besitzer. 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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