De Wain Valentine

Untitled (Circle)

Found at Christies, New York
Post-War and Contemporary Art Morning Session, Lot 584
18.Mai - 18.Mai.2017
Estimate: 50.000 - 70.000 USD
Price realised: 52.500 USD
cast polyester resin
17 x 17 x 3/4 in. (43.1 x 43.1 x 1.9 cm.)
Executed in 1974.
Russell Bowman Fine Art, Chicago | Acquired from the above by the present owner, 2013

Auction result well in line with expectations

The work Untitled (Circle) by De Wain Valentine was auctioned at Christies in New York in May 2017. The estimated price for the artwork was previously given by the auction house with a range of USD 50,000.00 – 70,000.00, the actual price achieved of USD 52,500.00 (€ 46,724.81) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by De Wain Valentine - we have observed the highest auction result to date for the work Concave Crystal, 1986, which sold at auction in February this year for USD 101,175.00 (€ 95,430.11).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (Circle) von De Wain Valentine kam im Mai 2017 bei Christies in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 50.000,00 – 70.000,00 angegeben, der tatsächlich erzielte Preis von USD 52.500,00 (€ 46.724,81) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von De Wain Valentine mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Concave Crystal, 1986 beobachtet, die im Februar diesen Jahres für USD 101.175,00 (€ 95.430,11) versteigert wurde.

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