George Condo
Pan
Estimate: 70.000 - 100.000 USD
Price realised: 63.000 USD
Price realised: 63.000 USD
Description
Property from a Distinguished Private Collection, Europe
George Condo
b. 1957
Pan
inscribed with the initials GC, dated 02, numbered 1/3 and stamped with the foundry mark (on the back)
gold patinated bronze
8⅝ by 6⅝ by 7⅝ in.
22 by 17 by 19.5 cm.
Galerie Philomene Magers, Munich | Acquired from the above by the present owner in June 2006
George Condo
b. 1957
Pan
inscribed with the initials GC, dated 02, numbered 1/3 and stamped with the foundry mark (on the back)
gold patinated bronze
8⅝ by 6⅝ by 7⅝ in.
22 by 17 by 19.5 cm.
Galerie Philomene Magers, Munich | Acquired from the above by the present owner in June 2006
Auction result misses estimated price range
In March last year a collector was able to acquire the work Pan by George Condo for USD 63,000.00 (€ 56,792.57). This price was achieved in the auction Contemporary Curated at Sothebys in New York and was even below the estimate range of USD 70,000.00 – 100,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by George Condo achieve. The highest price we have observed so far was reached by the work Nude and Forms in May 2018 with an auction result of USD 6,162,500.00 (€ 5,280,634.10).
Auktionsergebnis verfehlt die Schätzpreisspanne
Im März letzten Jahres konnte ein Sammler die Arbeit Pan von George Condo für USD 63.000,00 (€ 56.792,57) erwerben. Dieser Preis wurde in der Auktion Contemporary Curated bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 70.000,00 – 100.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von George Condo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Nude and Forms im Mai 2018 mit einem Auktionsergebnis von USD 6.162.500,00 (€ 5.280.634,10).