Pat Steir
Waterfall Series: Painted with the Chinese in Mind
Found at
Sothebys,
New York
Contemporary Curated, Lot 154
12. Mar - 12. Mar 2021
Contemporary Curated, Lot 154
12. Mar - 12. Mar 2021
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Property of a Private New York Collector
Pat Steir
b. 1940
Waterfall Series: Painted with the Chinese in Mind
signed with the artist’s initials, titled and dated 87 88 on the overlap
oil on cotton duck
90 by 90 in. 228.6 by 228.6 cm.
Knoedler Gallery, New York | Renate Shapiro Fine Art, New York | Acquired from the above by the present owner in July 1988
Pat Steir
b. 1940
Waterfall Series: Painted with the Chinese in Mind
signed with the artist’s initials, titled and dated 87 88 on the overlap
oil on cotton duck
90 by 90 in. 228.6 by 228.6 cm.
Knoedler Gallery, New York | Renate Shapiro Fine Art, New York | Acquired from the above by the present owner in July 1988
Upper estimate price exceeded by 80 %.
This artwork by Pat Steir achieved an unexpectedly high price at Sothebys in New York in March 2021. In the Contemporary Curated auction, the work Waterfall Series: Painted with the Chinese in Mind sold for USD 721,800.00 (€ 614,664.06) - well above the upper estimate of USD 400,000.00. However, buyers have had to dig much deeper into their pockets for other works by Pat Steir - we have observed the highest auction result to date for the work Elective Affinity Waterfall, which sold at auction in May 2018 for USD 2,295,000.00 (€ 1,966,580.98).
Oberer Schätzpreis um 80 % übertroffen
Dieses Kunstwerk von Pat Steir erzielte im März 2021 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Contemporary Curated wurde die Arbeit Waterfall Series: Painted with the Chinese in Mind für USD 721.800,00 (€ 614.664,06) versteigert – und damit weit über dem oberen Schätzpreis von USD 400.000,00. Für andere Arbeiten von Pat Steir mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Elective Affinity Waterfall beobachtet, die im Mai 2018 für USD 2.295.000,00 (€ 1.966.580,98) versteigert wurde.