Ned Vena
Untitled (3)
Found at
Christies,
New York (Online Auction)
First Open Online: Post-War and Contemporary Art, Lot 224
06.Dez - 12.Dez.2018
First Open Online: Post-War and Contemporary Art, Lot 224
06.Dez - 12.Dez.2018
Estimate: 6.000 - 8.000 USD
Price realised: 3.250 USD
Price realised: 3.250 USD
Description
signed and dated 'NED VENA 09' (on the reverse)
acrylic and urethane on canvas laid down on panel in artist's frame
overall: 55 ¼ x 46 ½ in. (142.9 x 118.1 cm.)
Executed in 2009.
Michael Benevento Gallery, Los Angeles | Private collection | Anon. sale; Phillips, New York, 8 March 2013, lot 114 | Acquired at the above sale by the present owner
acrylic and urethane on canvas laid down on panel in artist's frame
overall: 55 ¼ x 46 ½ in. (142.9 x 118.1 cm.)
Executed in 2009.
Michael Benevento Gallery, Los Angeles | Private collection | Anon. sale; Phillips, New York, 8 March 2013, lot 114 | Acquired at the above sale by the present owner
Auction result misses estimated price range
When the work Untitled (3) by Ned Vena was auctioned at Christies in New York in December 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 6,000.00 – 8,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 3,250.00 (€ 2,836.94). Of course, this price has nothing to do with the top prices that other works by Ned Vena achieve. The highest price we have observed so far was reached by the work without title in November 2013 with an auction result of USD 125,000.00 (€ 91,871.23).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Untitled (3) von Ned Vena im Dezember 2018 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 6.000,00 – 8.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 3.250,00 (€ 2.836,94) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ned Vena erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im November 2013 mit einem Auktionsergebnis von USD 125.000,00 (€ 91.871,23).