Naum Gabo
Linear Construction In Space No.1
Estimate: 150.000 - 250.000 GBP
Price realised: 125.000 GBP
Price realised: 125.000 GBP
Description
Naum Gabo
1890-1977
LINEAR CONSTRUCTION IN SPACE NO.1
signed
perspex with nylon monofilament
height: 21cm.; 8¼in.
Executed circa 1950.
The Artist | Margaret Brown Gallery, Boston, where acquired by Mr and Mrs Patrick Morgan, Cambridge, Massachusetts, 22nd October 1951, and thence by descent | Hazlitt Holland-Hibbert, London, where acquired by the present owner
1890-1977
LINEAR CONSTRUCTION IN SPACE NO.1
signed
perspex with nylon monofilament
height: 21cm.; 8¼in.
Executed circa 1950.
The Artist | Margaret Brown Gallery, Boston, where acquired by Mr and Mrs Patrick Morgan, Cambridge, Massachusetts, 22nd October 1951, and thence by descent | Hazlitt Holland-Hibbert, London, where acquired by the present owner
Auction result misses estimated price range
When the work Linear Construction In Space No.1 by Naum Gabo was auctioned at Sothebys in London in June 2017, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 150,000.00 – 250,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 125,000.00 (€ 142,351.68). Admittedly, works by Naum Gabo have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Linear Construction in Space No. 2 in October 2019 with an auction result of GBP 515,250.00 (€ 597,653.05).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Linear Construction In Space No.1 von Naum Gabo im Juni 2017 bei Sothebys in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 150.000,00 – 250.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 125.000,00 (€ 142.351,68) den Besitzer. Freilich wurden Arbeiten von Naum Gabo auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Linear Construction in Space No. 2 im Oktober 2019 mit einem Auktionsergebnis von GBP 515.250,00 (€ 597.653,05).
Naum Gabo - Auction history
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