Naum Gabo
Construction in Space with Balance on Two Points
Found at
Christies,
New York
Impressionist and Modern Art Works on Paper Sale, Lot 112
14.Nov - 14.Nov.2017
Impressionist and Modern Art Works on Paper Sale, Lot 112
14.Nov - 14.Nov.2017
Estimate: 200.000 - 300.000 USD
Price realised: 250.000 USD
Price realised: 250.000 USD
Description
Perspex
Height: 11 3/8 in. (29.1 cm.)
Length: 13 ¼ in. (33.7 cm.)
Executed in 1936-1946; unique
Mr. and Mrs. Bernard Reis, New York (acquired from the artist, by 1957). | Harold Diamond, New York (circa 1978). | Galerie Tarica, Paris. | Acquired from the above by the family of the present owners, circa 1978.
Height: 11 3/8 in. (29.1 cm.)
Length: 13 ¼ in. (33.7 cm.)
Executed in 1936-1946; unique
Mr. and Mrs. Bernard Reis, New York (acquired from the artist, by 1957). | Harold Diamond, New York (circa 1978). | Galerie Tarica, Paris. | Acquired from the above by the family of the present owners, circa 1978.
Auction result well in line with expectations
In November 2017 Christies in New York held the auction Impressionist and Modern Art Works on Paper Sale, which included the work Construction in Space with Balance on Two Points by Naum Gabo. The price achieved of USD 250,000.00 (€ 210,119.35) was within expectations - the estimate range had previously been set by the auction house as USD 200,000.00 – 300,000.00. However, buyers have had to dig much deeper into their pockets for other works by Naum Gabo - we have observed the highest auction result to date for the work Linear Construction in Space No. 2, which sold at auction in October 2019 for GBP 515,250.00 (€ 597,653.05).
Auktionsergebnis im Rahmen der Erwartungen
Im November 2017 führte Christies in New York die Auktion Impressionist and Modern Art Works on Paper Sale durch, in der auch die Arbeit Construction in Space with Balance on Two Points von Naum Gabo zur Versteigerung kam. Der dabei erzielte Preis von USD 250.000,00 (€ 210.119,35) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 200.000,00 – 300.000,00 angegeben worden. Für andere Arbeiten von Naum Gabo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Linear Construction in Space No. 2 beobachtet, die im Oktober 2019 für GBP 515.250,00 (€ 597.653,05) versteigert wurde.
Naum Gabo - Auction history
Other artists in this auction
