Cy Twombly
Untitled (Bacchus 1st Version II)
Estimate: 18.000.000 - 25.000.000 USD
Price realised: 19.960.000 USD
Price realised: 19.960.000 USD
Description
CY TWOMBLY (1928-2011)
Untitled (Bacchus 1st Version II)
signed with the artist's initials, inscribed and dated 'C T. 04 Gaeta' (on the reverse)
acrylic, oilstick and crayon on wood panel, in artist's wood frame
104 5⁄8 x 79 in. (265.6 x 200.1 cm.)
Executed in 2004.
Untitled (Bacchus 1st Version II)
signed with the artist's initials, inscribed and dated 'C T. 04 Gaeta' (on the reverse)
acrylic, oilstick and crayon on wood panel, in artist's wood frame
104 5⁄8 x 79 in. (265.6 x 200.1 cm.)
Executed in 2004.
Auction result well in line with expectations
The work Untitled (Bacchus 1st Version II) by Cy Twombly was auctioned at Christies in New York in November this year. The price achieved of USD 19,960,000.00 (€ 18,298,496.52) was within expectations - the estimate range had previously been set by the auction house as USD 18,000,000.00 – 25,000,000.00. However, buyers have had to dig much deeper into their pockets for other works by Cy Twombly - we have observed the highest auction result to date for the work Untitled (New York City), which sold at auction in November 2015 for USD 70,530,000.00 (€ 66,777,125.54).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Untitled (Bacchus 1st Version II) von Cy Twombly kam im November diesen Jahres bei Christies in New York zur Auktion. Der dabei erzielte Preis von USD 19.960.000,00 (€ 18.298.496,52) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 18.000.000,00 – 25.000.000,00 angegeben worden. Für andere Arbeiten von Cy Twombly mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Untitled (New York City) beobachtet, die im November 2015 für USD 70.530.000,00 (€ 66.777.125,54) versteigert wurde.
Cy Twombly - Auction history
Other artists in this auction
