- Art.Salon
- Artists
- Elaine de Kooning
- Red and Yellow Oxide Wall (Cave #176)
Elaine de Kooning
Red and Yellow Oxide Wall (Cave #176)
Estimate: 40.000 - 60.000 USD
Price realised: 189.000 USD
Price realised: 189.000 USD
Description
ELAINE DE KOONING (1918 - 1989)
Red and Yellow Oxide Wall (Cave #176)
signed with the artist's initials 'E. de K' (lower right); signed with the artist's initials again, titled and dated 'E de K "Red and Yellow Oxide Wall" '87' (on the stretcher)
acrylic on canvas
30 x 40 in. (76.2 x 101.6 cm.)
Painted in 1987.
Red and Yellow Oxide Wall (Cave #176)
signed with the artist's initials 'E. de K' (lower right); signed with the artist's initials again, titled and dated 'E de K "Red and Yellow Oxide Wall" '87' (on the stretcher)
acrylic on canvas
30 x 40 in. (76.2 x 101.6 cm.)
Painted in 1987.
Artwork auctioned at three times the upper estimate price
When the work Red and Yellow Oxide Wall (Cave #176) by Elaine de Kooning was auctioned at Christies in New York in May last year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 60,000.00 but the actual price achieved was more than three times as high at USD 189,000.00 (€ 176,125.24). However, buyers have had to dig much deeper into their pockets for other works by Elaine de Kooning - we have observed the highest auction result to date for the work Red Bison/Blue Horse, which sold at auction in March 2021 for USD 562,500.00 (€ 479,008.77).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Als die Arbeit Red and Yellow Oxide Wall (Cave #176) von Elaine de Kooning im Mai letzten Jahres bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 60.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 189.000,00 (€ 176.125,24) mehr als dreimal so hoch. Für andere Arbeiten von Elaine de Kooning mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Red Bison/Blue Horse beobachtet, die im März 2021 für USD 562.500,00 (€ 479.008,77) versteigert wurde.