Magdalena Abakanowicz

Untitled

Found at Christies
Post-War and Contemporary Art Evening Sale, Lot 13
12. Feb - 12. Feb 2020
Estimate: 80.000 - 120.000 GBP
Price realised: 87.500 GBP
Magdalena Abakanowicz (1930-2017)
Untitled
signed and dated with the artist's monogram 'M. Abakanowicz 1976' (on the reverse)
burlap and resin
37 3/8 x 18 ¼ x 6 ¾in. (95 x 46.5 x 17cm.)
Executed in 1976
- The Estate of the Artist. | Private Collection, Europe. | Acquired from the above by the present owner.

Auction result well in line with expectations

This work without title by Magdalena Abakanowicz was auctioned at Christies in February 2020. The estimated price for the artwork was previously given by the auction house with a range of GBP 80,000.00 – 120,000.00, the actual price achieved of GBP 87,500.00 (€ 101,412.70) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Magdalena Abakanowicz - we have observed the highest auction result to date for the work Flock (12 Standing Figures, from 'Ragazzi' Cycle), which sold at auction in November 2017 for USD 480,500.00 (€ 403,849.39).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Magdalena Abakanowicz kam im Februar 2020 bei Christies zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 80.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von GBP 87.500,00 (€ 101.412,70) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Magdalena Abakanowicz mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Flock (12 Standing Figures, from 'Ragazzi' Cycle) beobachtet, die im November 2017 für USD 480.500,00 (€ 403.849,39) versteigert wurde.

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