Mark Rothko

Untitled (Black On Maroon)

Found at Sothebys, New York
Contemporary Art Evening Auction, Lot 13
29. Oct - 29. Oct 2020
Estimate: 25.000.000 - 35.000.000 USD
Price realised: 27.840.000 USD
MARK ROTHKO
1903 - 1970
UNTITLED (BLACK ON MAROON)
signed, dated 1958, and inscribed 5071.58 on the reverse
oil on canvas
72 by 45 in. 182.9 by 114.3 cm.
Estate of the artist | Marlborough Gallery, Inc., New York (acquired from the above in 1970) | Estate of the artist (acquired from the above in 1977) | Pace Gallery, New York (acquired from the above in 1980) | Private Collection, New York | Private Collection, New York (by descent from the above) | Christie's, New York, 15 May 2013, Lot 55 (consigned by the above) | Private Collection (acquired from the above sale) | Acquired by the present owne

Auction result well in line with expectations

In October 2020 Sothebys in New York held the auction Contemporary Art Evening Auction, which included the work Untitled (Black On Maroon) by Mark Rothko. The price achieved of USD 27,840,000 (€ 23,903,151) was within expectations - the estimate range had previously been given by the auction house as USD 25,000,000 - 35,000,000. However, buyers have had to dig much deeper into their pockets for other works by Mark Rothko - we have observed the highest auction result to date for the work No. 10, which sold at auction in May 2015 for USD 81,925,000 (€ 74,517,919).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2020 führte Sothebys in New York die Auktion Contemporary Art Evening Auction durch, in der auch die Arbeit Untitled (Black On Maroon) von Mark Rothko zur Versteigerung kam. Der dabei erzielte Preis von USD 27.840.000 (€ 23.903.151) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 25.000.000 – 35.000.000 angegeben worden. Für andere Arbeiten von Mark Rothko mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit No. 10 beobachtet, die im Mai 2015 für USD 81.925.000 (€ 74.517.919) versteigert wurde.

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