Eddie Martinez

Untitled

Found at Phillips, Online Auction
Wired: Online Auction, Lot 8
27. Oct - 3. Nov 2021
Estimate: 15.000 - 20.000 GBP
Price realised: 15.120 GBP
signed and dated 'MARTINEZ 2013' on the reverse
oil, spray paint and ball point pen on paper
65.1 x 49.5 cm (25 5/8 x 19 1/2 in.)
Executed in 2013.

Auction result well in line with expectations

In November 2021 Phillips in an online auction held the auction Wired: Online Auction, which included this untitled work by Eddie Martinez. The estimated price for the artwork was previously given by the auction house with a range of GBP 15,000.00 – 20,000.00, the actual price achieved of GBP 15,120.00 (€ 17,752.30) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Eddie Martinez achieve. The highest price we have observed so far was reached by the work High Flying Bird in November 2019 with an auction result of HKD 15,725,000.00 (€ 1,823,808.88).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2021 führte Phillips in einer Online-Auktion die Auktion Wired: Online Auction durch, in der auch diese Arbeit ohne Titel von Eddie Martinez zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 15.000,00 – 20.000,00 angegeben, der tatsächlich erzielte Preis von GBP 15.120,00 (€ 17.752,30) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Eddie Martinez erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit High Flying Bird im November 2019 mit einem Auktionsergebnis von HKD 15.725.000,00 (€ 1.823.808,88).

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