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- Josef Albers
- Study for Homage to the Square: Budding
Josef Albers
Study for Homage to the Square: Budding
Estimate: 350.000 - 550.000 USD
Price realised: 441.000 USD
Price realised: 441.000 USD
Description
JOSEF ALBERS (1888-1976)
Study for Homage to the Square: Budding
incised with the artist's monogram and date 'A58' (lower right); signed, titled and dated 'Study for Homage to the Square: "Budding" Albers 1958' (on the reverse)
oil on Masonite
24 x 24 in. (61 x 61 cm.)
Painted in 1958.
Study for Homage to the Square: Budding
incised with the artist's monogram and date 'A58' (lower right); signed, titled and dated 'Study for Homage to the Square: "Budding" Albers 1958' (on the reverse)
oil on Masonite
24 x 24 in. (61 x 61 cm.)
Painted in 1958.
Auction result well in line with expectations
The work Study for Homage to the Square: Budding by Josef Albers was auctioned at Christies in New York in September last year. The price achieved of USD 441,000.00 (€ 450,781.97) was within expectations - the estimate range had previously been set by the auction house as USD 350,000.00 – 550,000.00. Admittedly, works by Josef Albers have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Homage to the Square in May this year with an auction result of USD 2,954,000.00 (€ 2,772,667.54).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Study for Homage to the Square: Budding von Josef Albers kam im September letzten Jahres bei Christies in New York zur Auktion. Der dabei erzielte Preis von USD 441.000,00 (€ 450.781,97) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 350.000,00 – 550.000,00 angegeben worden. Freilich wurden Arbeiten von Josef Albers auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Homage to the Square im Mai diesen Jahres mit einem Auktionsergebnis von USD 2.954.000,00 (€ 2.772.667,54).