Julie Mehretu

Emergent Algorithm (Manara Circle, Palestine)

Found at Sothebys, New York
The Now Evening Auction, Lot 9
9. May - 19. May 2022
Estimate: 3.000.000 - 4.000.000 USD
Price realised: 4.890.000 USD
Julie Mehretu
b. 1970
Emergent Algorithm (Manara Circle, Palestine)
ink, graphite and acrylic on canvas
59 ¼ by 88 ⅝ in.
150.5 by 225.1 cm.
Executed in 2012.
---------------------------------------------------
朱莉・梅赫雷圖 生於1970年
Marian Goodman Gallery, Paris | Acquired from the above in 2013 by the present owner

Upper estimated price slightly exceeded

The work Emergent Algorithm (Manara Circle, Palestine) by Julie Mehretu was auctioned at Sothebys in New York in May last year. It achieved a price of USD 4,890,000.00 (€ 4,556,891.25), exceeding the upper end of the estimate range by 22%. Other works by Julie Mehretu have achieved even higher prices, we observed the highest auction result so far of HKD 44,209,000.00 (€ 5,032,271.67) in April 2019 for the work Black Ground (Deep Light) .

Oberer Schätzpreis leicht übertroffen

Die Arbeit Emergent Algorithm (Manara Circle, Palestine) von Julie Mehretu kam im Mai letzten Jahres bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 4.890.000,00 (€ 4.556.891,25) und übertraf damit das obere Ende der Schätzpreisspanne um 22%. Andere Arbeiten von Julie Mehretu haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von HKD 44.209.000,00 (€ 5.032.271,67) im April 2019 für die Arbeit Black Ground (Deep Light)  beobachtet.

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