Cy Twombly
Untitled
Estimate: 40.000.000 - 60.000.000 USD
Price realised: 38.000.000 USD
Price realised: 38.000.000 USD
Description
Property from a Private Collection, Atherton
Cy Twombly
1928 - 2011
Untitled
signed Cy Twombly and dated 1969 (on the reverse)
oil based house paint and wax crayon on canvas
78 ¾ by 93 ½ in.
200 by 237.5 cm.
Executed in 1969. -------------------------------------------------
Private Collection, Italy (acquired directly from the artist) | Gagosian Gallery, New York | Private Collection (acquired from the above in 1997) | Acquired from the above by the present owner
Cy Twombly
1928 - 2011
Untitled
signed Cy Twombly and dated 1969 (on the reverse)
oil based house paint and wax crayon on canvas
78 ¾ by 93 ½ in.
200 by 237.5 cm.
Executed in 1969. -------------------------------------------------
Private Collection, Italy (acquired directly from the artist) | Gagosian Gallery, New York | Private Collection (acquired from the above in 1997) | Acquired from the above by the present owner
Auction result misses estimated price range
In May last year a collector was able to acquire this work without title by Cy Twombly for USD 38,000,000.00 (€ 35,411,424.84). This price was achieved in the auction Contemporary Evening Auction at Sothebys in New York and was even below the estimate range of USD 40,000,000.00 – 60,000,000.00 set by the auction house. Other works by Cy Twombly have also sold for higher prices; the highest price we have seen at auction so far was achieved in November 2015 by the work Untitled (New York City) at USD 70,530,000.00 (€ 66,777,125.54).
Auktionsergebnis verfehlt die Schätzpreisspanne
Im Mai letzten Jahres konnte ein Sammler diese Arbeit ohne Titel von Cy Twombly für USD 38.000.000,00 (€ 35.411.424,84) erwerben. Dieser Preis wurde in der Auktion Contemporary Evening Auction bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 40.000.000,00 – 60.000.000,00. Andere Arbeiten von Cy Twombly wurden auch schon teurer gehandelt; den höchsten Preis, den wir bisher bei Auktionen beobachten konnten, erzielte im November 2015 die Arbeit Untitled (New York City) mit USD 70.530.000,00 (€ 66.777.125,54).
Cy Twombly - Auction history
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