Edgar Plans

Coffee Time

Found at Christies, London
Post-War and Contemporary Art Day Sale, London, Lot 629
1. Jul - 1. Jul 2022
Estimate: 40.000 - 60.000 GBP
Price realised: 214.200 GBP
EDGAR PLANS (B. 1977)
Coffee Time
signed 'Plans' (lower right); signed, inscribed and dated 'make coffee great again! Plans 2019' (on the reverse)
oil and acrylic on canvas
23 7⁄8 x 27 5⁄8in. (60.5 x 70.2cm.)
Executed in 2019

Artwork auctioned at three times the upper estimate price

When the work Coffee Time by Edgar Plans was auctioned at Christies in London in July this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 60,000 but the actual price achieved was more than three times as high at GBP 214,200 (€ 255,793). However, buyers have had to dig much deeper into their pockets for other works by Edgar Plans - we have observed the highest auction result to date for the work Colors, which sold at auction in March this year for CNY 4,410,000 (€ 626,933).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Coffee Time von Edgar Plans im Juli diesen Jahres bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 60.000 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 214.200 (€ 255.793) mehr als dreimal so hoch. Für andere Arbeiten von Edgar Plans mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Colors beobachtet, die im März diesen Jahres für CNY 4.410.000 (€ 626.933) versteigert wurde.

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