Elie Nadelman

Head

Found at Sothebys, New York
American Art, Lot 3
16. Nov - 16. Nov 2018
Estimate: 50.000 - 70.000 USD
Price realised: 30.000 USD
Elie Nadelman
1882 - 1946
HEAD
inscribed E. NADELMAN (on the side of the base) and JNO. WILLIAMS INC./BRONZE FOUNDRY N.Y. (on the back of the base)
bronze with brown patina
height: 6 inches (15.2 cm) on a 4 1/8 inch (10.5 cm) marble base
Bonhams & Butterfields, San Francisco, California, December 10, 2003, lot 6077 | Private collection (sold: Christie's, New York, May 25, 2006, lot 30) | Acquired by the present owner at the above sale

Auction result misses estimated price range

This work of art by Elie Nadelman could be acquired at Sothebys in New York in November 2018 for an unexpectedly low price. In the American Art auction, the work Head changed hands for USD 30,000 (€ 26,495) - missing the lower end of the estimate range of USD 50,000 – 70,000. Of course, this price has nothing to do with the top prices that other works by Elie Nadelman achieve. The highest price we have observed so far was reached by the work Horse in May 2012 with an auction result of USD 842,500 (€ 681,414).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Elie Nadelman konnte im November 2018 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion American Art wechselte die Arbeit Head für USD 30.000 (€ 26.495) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 50.000 – 70.000. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Elie Nadelman erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Horse im Mai 2012 mit einem Auktionsergebnis von USD 842.500 (€ 681.414).

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