Lee Bontecou

Untitled

Found at Phillips, New York Auction
20th Century & Contemporary Art Day Sale, Morning Session, Lot 216
24. Jun - 24. Jun 2021
Estimate: 20.000 - 30.000 USD
Price realised: 52.920 USD
signed and dated "Bontecou_1960" lower right
graphite on paper
17 7/8 x 23 3/4 in. (45.4 x 60.3 cm)
Executed in 1960.

Upper estimate price exceeded by 76 %.

This artwork by Lee Bontecou achieved an unexpectedly high price at Phillips in New York in June 2021. In the 20th Century & Contemporary Art Day Sale, Morning Session auction, the work without title sold for USD 52,920.00 (€ 44,665.77) - well above the upper estimate of USD 30,000.00. Of course, this price has nothing to do with the top prices that other works by Lee Bontecou achieve. The highest price we have observed so far was reached by the work without title in May this year with an auction result of USD 8,690,000.00 (€ 8,156,560.92).

Oberer Schätzpreis um 76 % übertroffen

Dieses Kunstwerk von Lee Bontecou erzielte im Juni 2021 bei Phillips in New York einen unerwartet hohen Preis. In der Auktion 20th Century & Contemporary Art Day Sale, Morning Session wurde diese Arbeit ohne Titel für USD 52.920,00 (€ 44.665,77) versteigert – und damit weit über dem oberen Schätzpreis von USD 30.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Bontecou erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Mai diesen Jahres mit einem Auktionsergebnis von USD 8.690.000,00 (€ 8.156.560,92).

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