Muhammad Ali

Black Jet, 1977

Found at Bonhams, New York
TCM Presents ... It's a Knockout!, Lot 4
5. Oct - 5. Oct 2021
Estimate: 15.000 - 20.000 USD
Price realised: 9.563 USD
Black Jet, 1977
Felt pen on paper
Signed lower right "By Muhammad Ali" and dated "'77", titled lower left
Framed; with an invitation to the Muhammad Ali: World Premier Art Exhibition, Roseland Grand Ballroom, New York, January, 1979; and related press clippings
This drawing was done for Rodney Hilton Brown in Boston following a charity boxing match for the Elma Lewis School of Fine Arts, January 30, 1977. Jet planes were one of Ali's favorite subjects and were a regular fixture in many tabletop doodlings, as well as his paintings.
Exhibited: Muhammad Ali: World Premier Art Exhibition, Roseland Grand Ballroom, New York, January, 1979.
Provenance: From the Collection of Rodney Hilton Brown, formerly President of Hilton Fine Arts, Ltd., publisher of Muhammad Ali's limited edition silkscreen prints, 1978.
Literature: BROWN, Rodney Hilton, Muhammad Ali: The Untold Story: Painter, Poet & Prophet, Fairhaven, MA: The War Museum Press, 2021, p. 55 (illus.)
Frame: 17 1/2 x 20 1/2 in.

Auction result misses estimated price range

In October 2021 a collector was able to acquire the work Black Jet, 1977 by Muhammad Ali for USD 9,562.50 (€ 8,277.79). This price was achieved in the auction TCM Presents ... It's a Knockout! at Bonhams in New York and was even below the estimate range of USD 15,000.00 – 20,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Muhammad Ali achieve. The highest price we have observed so far was reached by the work Sting Like A Bee, 1978 in October 2021 with an auction result of USD 425,312.50 (€ 368,172.18).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2021 konnte ein Sammler die Arbeit Black Jet, 1977 von Muhammad Ali für USD 9.562,50 (€ 8.277,79) erwerben. Dieser Preis wurde in der Auktion TCM Presents ... It's a Knockout! bei Bonhams in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 15.000,00 – 20.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Muhammad Ali erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Sting Like A Bee, 1978 im Oktober 2021 mit einem Auktionsergebnis von USD 425.312,50 (€ 368.172,18).