Michael Kagan

Untitled

Found at Christies, London
Post-War and Contemporary Art Day Sale, Lot 262
1. Mar - 1. Mar 2023
Estimate: 20.000 - 30.000 GBP
Price realised: 50.400 GBP
MICHAEL KAGAN (B. 1980)
Untitled
signed and dated 'Michael Kagan 2020' (on the reverse)
oil on canvas
39 3/4 x 30in. (101.1 x 76.3cm.)
Painted in 2020

Upper estimate price exceeded by 68 %.

This work without title by Michael Kagan was sold in the Post-War and Contemporary Art Day Sale auction at Christies in London in March this year. It achieved a price of GBP 50,400.00 (€ 57,339.74), exceeding the upper end of the estimate range by 68%. However, buyers have had to dig much deeper into their pockets for other works by Michael Kagan - we have observed the highest auction result to date for the work It Begins, which sold at auction in June last year for HKD 1,134,000.00 (€ 137,999.43).

Oberer Schätzpreis um 68 % übertroffen

Diese Arbeit ohne Titel von Michael Kagan wurde im März diesen Jahres in der Auktion Post-War and Contemporary Art Day Sale bei Christies in London versteigert. Sie erzielte dabei einen Preis von GBP 50.400,00 (€ 57.339,74) und übertraf damit das obere Ende der Schätzpreisspanne um 68%. Für andere Arbeiten von Michael Kagan mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit It Begins beobachtet, die im Juni letzten Jahres für HKD 1.134.000,00 (€ 137.999,43) versteigert wurde.

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