Mark Tansey

Repairing The Wheel

Found at Christies, New York
Post-War and Contemporary Art Morning Session, Lot 637
16.Mai - 16.Mai.2019
Estimate: 3.000.000 - 5.000.000 USD
Price realised: 3.390.000 USD
signed, titled and dated 'Tansey '96 "Repairing the Wheel"' (on the reverse)
oil on canvas
86 x 64 in. (213.4 x 162.6 cm.)
Painted in 1996.
Curt Marcus Gallery, New York | Private collection, Japan | Private collection, United States | Gagosian Gallery, New York | Acquired from the above by the present owner

Auction result well in line with expectations

The work Repairing The Wheel by Mark Tansey was auctioned at Christies in New York in May 2019. The estimated price for the artwork was previously given by the auction house with a range of USD 3,000,000.00 – 5,000,000.00, the actual price achieved of USD 3,390,000.00 (€ 3,040,631.45) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Mark Tansey - we have observed the highest auction result to date for the work Source Of The Loue, which sold at auction in May 2018 for USD 7,453,600.00 (€ 6,386,975.15).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Repairing The Wheel von Mark Tansey kam im Mai 2019 bei Christies in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 3.000.000,00 – 5.000.000,00 angegeben, der tatsächlich erzielte Preis von USD 3.390.000,00 (€ 3.040.631,45) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Mark Tansey mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Source Of The Loue beobachtet, die im Mai 2018 für USD 7.453.600,00 (€ 6.386.975,15) versteigert wurde.

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