Michaël Borremans

The Painting 

Found at Sothebys, London
Contemporary Art Evening Auction, Lot 41
3. Oct - 3. Oct 2019
Estimate: 250.000 - 350.000 GBP
Price realised: 275.000 GBP
Michaël Borremans
B. 1963
THE PAINTING 
signed, titled and dated 2006 on the reverse 
oil on canvas
40 by 50 cm. 15 7/8 by 19 5/8 in.
Zeno-X Gallery, Antwerp | Private Collection, Europe (acquired from the above)  | Phillips, Hong Kong, 27 November 2016, Lot 29 (consigned by the above)  | Acquired from the above sale by the present owner

Auction result well in line with expectations

The work The Painting  by Michaël Borremans was auctioned at Sothebys in London in October 2019. The estimated price for the artwork was previously given by the auction house with a range of GBP 250,000.00 – 350,000.00, the actual price achieved of GBP 275,000.00 (€ 318,980.28) could thus just exceed the lower estimate. Admittedly, works by Michaël Borremans have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Girl With Duck in October 2015 with an auction result of GBP 2,045,000.00 (€ 2,860,444.21).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit The Painting  von Michaël Borremans kam im Oktober 2019 bei Sothebys in London zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 250.000,00 – 350.000,00 angegeben, der tatsächlich erzielte Preis von GBP 275.000,00 (€ 318.980,28) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Michaël Borremans auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Girl With Duck im Oktober 2015 mit einem Auktionsergebnis von GBP 2.045.000,00 (€ 2.860.444,21).

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