Mark Tansey

Transition Team

Found at Sothebys, New York
Contemporary Art Day Auction: Online, Lot 251
18. Nov - 18. Nov 2020
Estimate: 80.000 - 120.000 USD
Price realised: 88.200 USD
Mark Tansey
b. 1949
Transition Team
signed, titled and dated 1993
graphite on paper
27 1/2 by 22 1/8 in. 69.9 by 56.2 cm.
framed: 32 1/4 by 28 in. 81.9 by 71.2 cm.
Curt Marcus Gallery, New York | Collection of Stefan T. Edlis, Chicago | Private Collection, Chicago | Private Collection, Palm Beach (acquired from the above) | Sotheby's, New York, 10 May 2012, Lot 460 | Acquired from the above sale by the present owner

Auction result well in line with expectations

In November 2020 Sothebys in New York held the auction Contemporary Art Day Auction: Online, which included the work Transition Team by Mark Tansey. The estimated price for the artwork was previously given by the auction house with a range of USD 80,000.00 – 120,000.00, the actual price achieved of USD 88,200.00 (€ 73,819.89) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Mark Tansey achieve. The highest price we have observed so far was reached by the work Source Of The Loue in May 2018 with an auction result of USD 7,453,600.00 (€ 6,386,975.15).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2020 führte Sothebys in New York die Auktion Contemporary Art Day Auction: Online durch, in der auch die Arbeit Transition Team von Mark Tansey zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 80.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von USD 88.200,00 (€ 73.819,89) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mark Tansey erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Source Of The Loue im Mai 2018 mit einem Auktionsergebnis von USD 7.453.600,00 (€ 6.386.975,15).

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