Ilya Kabakov

Geometric Composition With Four Red Dots

Found at Sothebys, New York (Online Auction)
Escape Artists 2.0: The Non-Conformists Online, Lot 6
4. Oct - 4. Oct 2019
Estimate: 4.000 - 6.000 USD
Price realised: 7.500 USD
ILYA KABAKOV
b.1933
GEOMETRIC COMPOSITION WITH FOUR RED DOTS
signed in Cyrillic and dated 69 l.r.
colored pencil and pencil on paper
Sheet: 6½ by 7½in., 16.5 by 19cm
Authenticity of the work has been confirmed by Emilia Kabakov.
Galerie Gorky Basmadjian, Paris

Upper estimate price exceeded by 25 %.

The work Geometric Composition With Four Red Dots by Ilya Kabakov was sold in the Escape Artists 2.0: The Non-Conformists Online auction at Sothebys in New York in October 2019. The »bidding war« ended at USD 7,500.00 (€ 6,723.44), 25% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Ilya Kabakov achieve. The highest price we have observed so far was reached by the work Beetle in February 2008 with an auction result of GBP 2,932,500.00 (€ 3,835,594.92).

Oberer Schätzpreis um 25 % übertroffen

Die Arbeit Geometric Composition With Four Red Dots von Ilya Kabakov wurde im Oktober 2019 in der Auktion Escape Artists 2.0: The Non-Conformists Online bei Sothebys in New York versteigert. Das »Bietergefecht« endete beim Preis von USD 7.500,00 (€ 6.723,44) und damit 25% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ilya Kabakov erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Beetle im Februar 2008 mit einem Auktionsergebnis von GBP 2.932.500,00 (€ 3.835.594,92).

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