Ed Ruscha

The Eighties

Found at Bonhams, New York
The Estate of Melvin S. Rosenthal, Lot 6
16. Nov - 16. Nov 2022
Estimate: 800.000 - 1.200.000 USD
Price realised: 1.008.375 USD
ED RUSCHA (B. 1937)
The Eighties
1980
signed, titled and dated 1980 on the stretcher
oil on canvas
21 by 159 in.
53.3 by 403.9 cm.
Ace Gallery, Los Angeles | Collection of Dr Leopold S. Tuchman, Los Angeles | Manny Silverman Gallery, Los Angeles | Martin Blinder, Los Angeles | Sale: Christie's, New York, Contemporary Art (Part II), 10 November 1993, Lot 379 | The Onnasch Collection, Berlin | Sale: Phillips, New York, Part I; Contemporary Art, 10 November 2005, Lot 46 | Acquired directly from the above by the present owner

Auction result well in line with expectations

The work The Eighties by Ed Ruscha was sold in the The Estate of Melvin S. Rosenthal auction at Bonhams in New York in November last year. The price achieved of USD 1,008,375.00 (€ 976,823.60) was within expectations - the estimate range had previously been set by the auction house as USD 800,000.00 – 1,200,000.00. Of course, this price has nothing to do with the top prices that other works by Ed Ruscha achieve. The highest price we have observed so far was reached by the work Hurting the Word Radio #2 in November 2019 with an auction result of USD 52,485,000.00 (€ 47,631,364.01).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit The Eighties von Ed Ruscha wurde im November letzten Jahres in der Auktion The Estate of Melvin S. Rosenthal bei Bonhams in New York versteigert. Der dabei erzielte Preis von USD 1.008.375,00 (€ 976.823,60) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 800.000,00 – 1.200.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ed Ruscha erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Hurting the Word Radio #2 im November 2019 mit einem Auktionsergebnis von USD 52.485.000,00 (€ 47.631.364,01).

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