Hedda Sterne

Vertical Horizontal No. 15

Found at Sothebys, New York
Expansive Color: American Post Painterly Abstraction, Lot 301
24. Sep - 1. Oct 2021
Estimate: 50.000 - 70.000 USD
Price realised: 214.200 USD
Hedda Sterne
1910 – 2011
Vertical Horizontal No. 15
signed
oil on canvas
33¼ by 25 in. 84.5 by 63.5 cm.
framed: 33¾ by 25½ in. 85.7 by 64.8 cm.
Executed in 1962.
Betty Parsons Gallery, New York | Albright Knox Art Gallery, The Member’s Gallery, New York | Private Collection (acquire from the above in 1967) | CDS Gallery, New York | Private Collection (acquired from the above in March 1984) | Acquired from the above by the present owner

Artwork auctioned at three times the upper estimate price

When the work Vertical Horizontal No. 15 by Hedda Sterne was auctioned at Sothebys in New York in October 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 70,000.00 but the actual price achieved was more than three times as high at USD 214,200.00 (€ 185,422.44). However, buyers have had to dig much deeper into their pockets for other works by Hedda Sterne - we have observed the highest auction result to date for the work New York VIII, which sold at auction in May last year for USD 504,000.00 (€ 469,667.32).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Vertical Horizontal No. 15 von Hedda Sterne im Oktober 2021 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 70.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 214.200,00 (€ 185.422,44) mehr als dreimal so hoch. Für andere Arbeiten von Hedda Sterne mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit New York VIII beobachtet, die im Mai letzten Jahres für USD 504.000,00 (€ 469.667,32) versteigert wurde.

Other artists in this auction

Paul Jenkins - Phenomena with Tribute
Paul Jenkins
Auction: 24. Sep - 1. Oct 2021
Title: Phenomena with Tribute
Price: 37.800 USD
Found at Sothebys
567 auction results
Jules Olitski - Disappearing Sun
Jules Olitski
Auction: 24. Sep - 1. Oct 2021
Title: Disappearing Sun
Price: 4.032 USD
Found at Sothebys
227 auction results
Kenneth Young - Untitled
Kenneth Young
Auction: 24. Sep - 1. Oct 2021
Title: Untitled
Price: not available
Found at Sothebys
3 auction results
Sam Francis - Untitled
Sam Francis
Auction: 24. Sep - 1. Oct 2021
Title: Untitled
Price: 25.200 USD
Found at Sothebys
2,800 auction results
Thomas Downing - Position 12.15.74
Thomas Downing
Auction: 24. Sep - 1. Oct 2021
Title: Position 12.15.74
Price: 32.760 USD
Found at Sothebys
47 auction results
Friedel Dzubas - Hex
Friedel Dzubas
Auction: 24. Sep - 1. Oct 2021
Title: Hex
Price: 60.480 USD
Found at Sothebys
130 auction results
Kenneth Noland - Elong
Kenneth Noland
Auction: 24. Sep - 1. Oct 2021
Title: Elong
Price: 138.600 USD
Found at Sothebys
434 auction results
Helen Frankenthaler - Spring XXV
Helen Frankenthaler
Auction: 24. Sep - 1. Oct 2021
Title: Spring XXV
Price: 52.920 USD
Found at Sothebys
728 auction results
Robert Motherwell - Chocmel and Gauloises
Robert Motherwell
Auction: 24. Sep - 1. Oct 2021
Title: Chocmel and Gauloises
Price: 63.000 USD
Found at Sothebys
1,490 auction results