Ed Ruscha

Burning Gas Station

Found at Christies, New York
20th Century Evening Sale, Lot 20 A
11. May - 11. May 2023
Estimate: 20.000.000 - 30.000.000 USD
Price realised: 22.260.000 USD
Burning Gas Station
ED RUSCHA (B. 1937)
signed, titled and dated '"BURNING GAS STATION" 1966-1969 E. Ruscha' (on the stretcher)
20 1/8 x 39 in. (51.1 x 99.1 cm.)
Ruscha, E.
Painted in 1966-1969.

Auction result well in line with expectations

The work Burning Gas Station by Ed Ruscha was auctioned at Christies in New York in May this year. The estimated price for the artwork was previously given by the auction house with a range of USD 20,000,000.00 – 30,000,000.00, the actual price achieved of USD 22,260,000.00 (€ 20,893,561.10) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Ed Ruscha - we have observed the highest auction result to date for the work Hurting the Word Radio #2, which sold at auction in November 2019 for USD 52,485,000.00 (€ 47,631,364.01).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Burning Gas Station von Ed Ruscha kam im Mai diesen Jahres bei Christies in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 20.000.000,00 – 30.000.000,00 angegeben, der tatsächlich erzielte Preis von USD 22.260.000,00 (€ 20.893.561,10) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Ed Ruscha mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Hurting the Word Radio #2 beobachtet, die im November 2019 für USD 52.485.000,00 (€ 47.631.364,01) versteigert wurde.

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