Mark Rothko

Untitled (Red On Red)

Found at Sothebys, New York
Contemporary Art Evening Auction, Lot 16
16. May - 16. May 2019
Estimate: 7.000.000 - 10.000.000 USD
Price realised: 8.237.000 USD
Mark Rothko
1903 - 1970
UNTITLED (RED ON RED)
oil on paper mounted on canvas
38 3/4 by 25 in. 98.4 by 63.5 cm.
Executed in 1969.
Estate of the Artist (Estate No. 1305.69) | Marlborough-Gerson Gallery Inc., New York | M. Knoedler & Co., Inc., New York  | Acquired by the present owner from the above in February 1981

Auction result well in line with expectations

The work Untitled (Red On Red) by Mark Rothko was sold in the Contemporary Art Evening Auction auction at Sothebys in New York in May 2019. The price achieved of USD 8,237,000 (€ 7,388,107) was within expectations - the estimate range had previously been given by the auction house as USD 7,000,000 - 10,000,000. Of course, this price has nothing to do with the top prices that other works by Mark Rothko achieve. The highest price we have observed so far was reached by the work No. 10 in May 2015 with an auction result of USD 81,925,000 (€ 74,517,919).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (Red On Red) von Mark Rothko wurde im Mai 2019 in der Auktion Contemporary Art Evening Auction bei Sothebys in New York versteigert. Der dabei erzielte Preis von USD 8.237.000 (€ 7.388.107) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 7.000.000 – 10.000.000 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mark Rothko erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit No. 10 im Mai 2015 mit einem Auktionsergebnis von USD 81.925.000 (€ 74.517.919).

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