Geer Van Velde

Composition

Found at Bonhams, London
Post-War & Contemporary Art, Lot 3
15. Oct - 15. Oct 2021
Estimate: 20.000 - 30.000 GBP
Price realised: 56.500 GBP
Geer van Velde (1898-1977)
Composition
circa 1957
signed with the artist's initials; signed on the reverse
oil on canvas
104 by 106.5 cm.
40 15/16 by 41 15/16 in.
This work was executed circa 1957.
Kunsthandel Frans Jacobs, Amsterdam | Acquired directly from the above by the previous owner in 1997 | Thence by descent to the present owner

Upper estimate price exceeded by 88 %.

This artwork by Geer van Velde achieved an unexpectedly high price at Bonhams in London in October 2021. In the Post-War & Contemporary Art auction, the work Composition sold for GBP 56,500.00 (€ 66,937.24) - well above the upper estimate of GBP 30,000.00. Admittedly, works by Geer van Velde have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Composition in October 2018 with an auction result of EUR 343,500.00.

Oberer Schätzpreis um 88 % übertroffen

Dieses Kunstwerk von Geer van Velde erzielte im Oktober 2021 bei Bonhams in London einen unerwartet hohen Preis. In der Auktion Post-War & Contemporary Art wurde die Arbeit Composition für GBP 56.500,00 (€ 66.937,24) versteigert – und damit weit über dem oberen Schätzpreis von GBP 30.000,00. Freilich wurden Arbeiten von Geer van Velde auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Composition im Oktober 2018 mit einem Auktionsergebnis von EUR 343.500,00.

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