Paul Klee
Beflaggte Stadt (Town Decked with Flags)
Estimate: 600.000 - 800.000 GBP
Price realised: 781.200 GBP
Price realised: 781.200 GBP
Description
Property from an Important Private Collection
Paul Klee
1879 - 1940
Beflaggte Stadt (Town Decked with Flags)
signed Klee (lower right); titled, dated 1927., numbered 2. and indistinctly inscribed in pencil S.Cl. on the artist's mount
gouache, watercolour and Spritztechnik on paper laid down on the artist's mount
image size: 29.3 by 22.1cm., 11½ by 8¾in.
mount size: 49.7 by 38.7cm., 19⅝ by 15¼in.
Executed in 1927. ---------------------------------------------------
Lily Klee, Bern (inherited from the artist in 1940) | Dr Hans Meyer-Benteli (Klee Gesellschaft), Bern (acquired from the above in 1946) | Dr Hans & Erika Meyer-Benteli, Bern (acquired in 1953) | Ted & Meret Schaap-Meyer, Vallamand-Dessous (by descent from the above in 1956. Sold: Christie’s, London, 30th November 1992, lot 26) | Galerie Beyeler, Basel (purchased at the above sale) | Acquired from the above in 1992
Paul Klee
1879 - 1940
Beflaggte Stadt (Town Decked with Flags)
signed Klee (lower right); titled, dated 1927., numbered 2. and indistinctly inscribed in pencil S.Cl. on the artist's mount
gouache, watercolour and Spritztechnik on paper laid down on the artist's mount
image size: 29.3 by 22.1cm., 11½ by 8¾in.
mount size: 49.7 by 38.7cm., 19⅝ by 15¼in.
Executed in 1927. ---------------------------------------------------
Lily Klee, Bern (inherited from the artist in 1940) | Dr Hans Meyer-Benteli (Klee Gesellschaft), Bern (acquired from the above in 1946) | Dr Hans & Erika Meyer-Benteli, Bern (acquired in 1953) | Ted & Meret Schaap-Meyer, Vallamand-Dessous (by descent from the above in 1956. Sold: Christie’s, London, 30th November 1992, lot 26) | Galerie Beyeler, Basel (purchased at the above sale) | Acquired from the above in 1992
Auction result well in line with expectations
The work Beflaggte Stadt (Town Decked with Flags) by Paul Klee was sold in the Modern & Contemporary Evening Auction auction at Sothebys in London in June last year. It changed hands for a price of GBP 781,200.00 (€ 907,532.18) achieving a result in the upper range of the estimate price range of GBP 600,000.00 – 800,000.00. Admittedly, works by Paul Klee have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Bunte Landschaft in November last year with an auction result of USD 4,860,000.00 (€ 4,707,933.74).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Beflaggte Stadt (Town Decked with Flags) von Paul Klee wurde im Juni letzten Jahres in der Auktion Modern & Contemporary Evening Auction bei Sothebys in London versteigert. Dabei wechselte sie für einen Preis von GBP 781.200,00 (€ 907.532,18) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von GBP 600.000,00 – 800.000,00. Freilich wurden Arbeiten von Paul Klee auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Bunte Landschaft im November letzten Jahres mit einem Auktionsergebnis von USD 4.860.000,00 (€ 4.707.933,74).