Jean-Michel Basquiat
To Repel Ghosts
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Evening Sale, Lot Ο ◆24
15. Nov - 15. Nov 2022
20th Century & Contemporary Art Evening Sale, Lot Ο ◆24
15. Nov - 15. Nov 2022
Estimate: 7.000.000 - 10.000.000 USD
Price realised: 7.862.500 USD
Price realised: 7.862.500 USD
Description
signed, titled and dated "TO REPEL GHOSTS Jean MB 85" on the reverse
acrylic, oil, oilstick and Xerox collage on wood
83 3/4 x 35 3/4 x 12 1/2 in. (212.7 x 90.8 x 31.8 cm)
Executed in 1985.
acrylic, oil, oilstick and Xerox collage on wood
83 3/4 x 35 3/4 x 12 1/2 in. (212.7 x 90.8 x 31.8 cm)
Executed in 1985.
Auction result well in line with expectations
The work To Repel Ghosts by Jean-Michel Basquiat was auctioned at Phillips in New York in November last year. The price achieved of USD 7,862,500.00 (€ 7,616,487.46) was within expectations - the estimate range had previously been set by the auction house as USD 7,000,000.00 – 10,000,000.00. Of course, this price has nothing to do with the top prices that other works by Jean-Michel Basquiat achieve. The highest price we have observed so far was reached by the work without title in May 2017 with an auction result of USD 110,487,500.00 (€ 98,333,481.67).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit To Repel Ghosts von Jean-Michel Basquiat kam im November letzten Jahres bei Phillips in New York zur Auktion. Der dabei erzielte Preis von USD 7.862.500,00 (€ 7.616.487,46) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 7.000.000,00 – 10.000.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Jean-Michel Basquiat erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Mai 2017 mit einem Auktionsergebnis von USD 110.487.500,00 (€ 98.333.481,67).
Jean-Michel Basquiat - Auction history
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