Cy Twombly

Tree

Found at Christies, New York (Online Auction)
The Collection of Thomas & Doris Ammann: Online, Lot 13
2. Mar - 14. Mar 2023
Estimate: 10.000 - 15.000 USD
Price realised: 10.710 USD
CY TWOMBLY (1928-2011) Tree signed with the artist's initials and numbered 'CT 4/6' (lower margin); embossed with the artist's stamp 'CT' (lower right) dry-print on cardboard 17 x 11 in. (43 x 27.8 cm.) Executed in 2008. This work is number four of an edition of six.

Auction result well in line with expectations

The work Tree by Cy Twombly was auctioned at Christies in New York in March this year. The estimated price for the artwork was previously given by the auction house with a range of USD 10,000.00 – 15,000.00, the actual price achieved of USD 10,710.00 (€ 9,850.99) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Cy Twombly achieve. The highest price we have observed so far was reached by the work Untitled (New York City) in November 2015 with an auction result of USD 70,530,000.00 (€ 66,777,125.54).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Tree von Cy Twombly kam im März diesen Jahres bei Christies in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 10.000,00 – 15.000,00 angegeben, der tatsächlich erzielte Preis von USD 10.710,00 (€ 9.850,99) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Cy Twombly erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled (New York City) im November 2015 mit einem Auktionsergebnis von USD 70.530.000,00 (€ 66.777.125,54).

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