Mordecai Ardon

Landscape

Found at Sothebys, New York
Israeli & International Art, Lot 15
20. Dec - 20. Dec 2017
Estimate: 250.000 - 350.000 USD
Price realised: 262.500 USD
Mordecai Ardon
1896 - 1992
LANDSCAPE
Signed Ardon. (lower right); inscribed ARDON JERUSALEM TIRZA ST (on the stretcher)
Oil on canvas
31 1/2 by 44 7/8 in.
80 x 114 cm
Painted in the early 1970s.
The Yehuda Assia Collection, Tel Aviv | Thence by descent to the present owner

Auction result well in line with expectations

In December 2017 Sothebys in New York held the auction Israeli & International Art, which included the work Landscape by Mordecai Ardon. The estimated price for the artwork was previously given by the auction house with a range of USD 250,000.00 – 350,000.00, the actual price achieved of USD 262,500.00 (€ 218,349.69) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Mordecai Ardon - we have observed the highest auction result to date for the work The Awakening, which sold at auction in December 2014 for USD 821,000.00 (€ 678,456.33).

Auktionsergebnis im Rahmen der Erwartungen

Im Dezember 2017 führte Sothebys in New York die Auktion Israeli & International Art durch, in der auch die Arbeit Landscape von Mordecai Ardon zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 250.000,00 – 350.000,00 angegeben, der tatsächlich erzielte Preis von USD 262.500,00 (€ 218.349,69) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Mordecai Ardon mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Awakening beobachtet, die im Dezember 2014 für USD 821.000,00 (€ 678.456,33) versteigert wurde.

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