Panamarenko

Umbilly C (Plan 1B, algemeen zicht) (Umbilly C (Plan 1B, general view))

Found at Christies, Amsterdam (Online Auction)
20th/21st Century: Amsterdam, Lot 77
8. Nov - 22. Nov 2022
Estimate: 10.000 - 12.000 EUR
Price realised: 23.940 EUR
PANAMARENKO (1940-2019) Umbilly C (Plan 1B, algemeen zicht) (Umbilly C (Plan 1B, general view)) signed and dated 'Panemarenko 77' (lower right) pencil and colour pencils on paper laid on cardboard image: 101 x 159cm. cardboard: 103.5 x 165.5cm Executed in 1977

Upper estimate price exceeded by 100 %.

This artwork by Panamarenko achieved an unexpectedly high price at Christies in Amsterdam in November last year. In the 20th/21st Century: Amsterdam auction, the work Umbilly C (Plan 1B, algemeen zicht) (Umbilly C (Plan 1B, general view)) sold for EUR 23,940.00 - well above the upper estimate of EUR 12,000.00. 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 100 % übertroffen

Dieses Kunstwerk von Panamarenko erzielte im November letzten Jahres bei Christies in Amsterdam einen unerwartet hohen Preis. In der Auktion 20th/21st Century: Amsterdam wurde die Arbeit Umbilly C (Plan 1B, algemeen zicht) (Umbilly C (Plan 1B, general view)) für EUR 23.940,00 versteigert – und damit weit über dem oberen Schätzpreis von EUR 12.000,00. 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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