- Art.Salon
- Artists
- Daniel Arsham
- Steel Eroded New York Magazine
Daniel Arsham
Steel Eroded New York Magazine
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale in association with Yongle, Lot 165
30. Nov - 30. Nov 2022
20th Century & Contemporary Art & Design Day Sale in association with Yongle, Lot 165
30. Nov - 30. Nov 2022
Estimate: 80.000 - 120.000 HKD
Price realised: 100.800 HKD
Price realised: 100.800 HKD
Description
steel, volcanic ash and hydrostone
26.2 x 21.1 x 2 cm. (10 3/8 x 8 1/4 x 0 3/4 in.)
Executed in 2018.
26.2 x 21.1 x 2 cm. (10 3/8 x 8 1/4 x 0 3/4 in.)
Executed in 2018.
Auction result well in line with expectations
The work Steel Eroded New York Magazine by Daniel Arsham was auctioned at Phillips in Hong Kong in November last year. The price achieved of HKD 100,800.00 (€ 12,508.46) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 120,000.00. Of course, this price has nothing to do with the top prices that other works by Daniel Arsham achieve. The highest price we have observed so far was reached by the work Quartz Eroded Vogue Magazine 101 in November 2019 with an auction result of HKD 2,312,500.00 (€ 268,207.19).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Steel Eroded New York Magazine von Daniel Arsham kam im November letzten Jahres bei Phillips in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 100.800,00 (€ 12.508,46) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 120.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Daniel Arsham erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Quartz Eroded Vogue Magazine 101 im November 2019 mit einem Auktionsergebnis von HKD 2.312.500,00 (€ 268.207,19).