Panamarenko

Study For Portable Air Transport

Found at Christies, Amsterdam (Online Auction)
Post-War & Contemporary Art: Amsterdam, Lot 104
26. Nov - 26. Nov 2020
Estimate: 15.000 - 20.000 EUR
Price realised: 30.000 EUR
signed and dated 'Panamarenko 1969' (lower left), titled 'STUDIE VOOR DRAAGBAAR LUCHTTRANSPORT P.A.T. PORTABLE AIR TRANSPORT' (upper left)
India ink and pigment on paper
100 x 100cm.
Executed in 1969
Galerie Georges-Philippe & Nathalie Vallois, Paris. | Private Collection, Belgium. | Anon. sale, Christie's London, 24 June 2005, lot 227. | Private Collection, Antwerp. | Gimpel Fils, London.

Upper estimate price exceeded by 50 %.

The work Study For Portable Air Transport by Panamarenko was auctioned at Christies in Amsterdam in November 2020. It achieved a price of EUR 30,000.00 exceeding the upper end of the estimate range by 50 %. Of course, this price has nothing to do with the top prices that other works by Panamarenko achieve. The highest price we have observed so far was reached by the work Prova-Car in June 2005 with an auction result of GBP 232,000.00 (€ 343,838.65).

Oberer Schätzpreis um 50 % übertroffen

Die Arbeit Study For Portable Air Transport von Panamarenko kam im November 2020 bei Christies in Amsterdam zur Auktion. Sie erzielte dabei einen Preis von EUR 30.000,00 und übertraf damit das obere Ende der Schätzpreisspanne um 50 %. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Panamarenko erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Prova-Car im Juni 2005 mit einem Auktionsergebnis von GBP 232.000,00 (€ 343.838,65).

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