Michael Rey

Untitled

Found at Phillips, Online Auction
Wired: Online Auction, Lot 55
10. Feb - 18. Feb 2021
Estimate: 2.000 - 3.000 GBP
Price realised: 1.386 GBP
signed and dated 'M. REY 2014' on the reverse
oil on plasticine on shaped board
122.5 x 103.5 cm (48 1/4 x 40 3/4 in.)
Executed in 2014.

Auction result misses estimated price range

When this work without title by Michael Rey was auctioned at Phillips in an online auction in February 2021, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 2,000.00 – 3,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 1,386.00 (€ 1,598.49). Admittedly, works by Michael Rey have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work ZAM in October 2016 with an auction result of GBP 6,000.00 (€ 6,684.18).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als diese Arbeit ohne Titel von Michael Rey im Februar 2021 bei Phillips in einer Online-Auktion versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 2.000,00 – 3.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 1.386,00 (€ 1.598,49) den Besitzer. Freilich wurden Arbeiten von Michael Rey auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit ZAM im Oktober 2016 mit einem Auktionsergebnis von GBP 6.000,00 (€ 6.684,18).

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