Philip Guston
Studio Celebration
Estimate: 5.000.000 - 7.000.000 USD
Price realised: 5.192.500 USD
Price realised: 5.192.500 USD
Description
Property from The Estate of Gabriele and Robert Lee
Philip Guston
1913 - 1980
Studio Celebration
signed Philip Guston (lower left); signed Philip Guston, titled “Studio Celebration” and dated 1978 (on the reverse)
oil on canvas
52 by 60 in.
132.1 by 152.4 cm
Executed in 1978. ----------------------------------------------------
Estate of the artist | David McKee Gallery, New York | Private Collection | David McKee Gallery, New York | Acquired from the above in November 1986 by the present owner
Philip Guston
1913 - 1980
Studio Celebration
signed Philip Guston (lower left); signed Philip Guston, titled “Studio Celebration” and dated 1978 (on the reverse)
oil on canvas
52 by 60 in.
132.1 by 152.4 cm
Executed in 1978. ----------------------------------------------------
Estate of the artist | David McKee Gallery, New York | Private Collection | David McKee Gallery, New York | Acquired from the above in November 1986 by the present owner
Auction result well in line with expectations
In May last year Sothebys in New York held the auction Contemporary Evening Auction, which included the work Studio Celebration by Philip Guston. The estimated price for the artwork was previously given by the auction house with a range of USD 5,000,000.00 – 7,000,000.00, the actual price achieved of USD 5,192,500.00 (€ 4,838,784.83) could thus just exceed the lower estimate. Admittedly, works by Philip Guston have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Strong Light in November 2021 with an auction result of USD 24,393,000.00 (€ 21,611,588.55).
Auktionsergebnis im Rahmen der Erwartungen
Im Mai letzten Jahres führte Sothebys in New York die Auktion Contemporary Evening Auction durch, in der auch die Arbeit Studio Celebration von Philip Guston zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 5.000.000,00 – 7.000.000,00 angegeben, der tatsächlich erzielte Preis von USD 5.192.500,00 (€ 4.838.784,83) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Philip Guston auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Strong Light im November 2021 mit einem Auktionsergebnis von USD 24.393.000,00 (€ 21.611.588,55).
Philip Guston - Auction history
Other artists in this auction
![Sigmar Polke - Sibirische Glasmetoriten I [Siberian Glass Meteorites I]](/images/sigmar-polke_sibirische-glasmetoriten-i-siberian-glass-meteorites-i_AID712215_320x320.jpg)
![Anselm Kiefer - Wölund-Lied [Wayland\'s Song]](/images/anselm-kiefer_woelund-lied-waylands-song_AID712209_320x320.jpg)
![Georg Baselitz - Glastrinkerin [Female Glass Drinker]](/images/georg-baselitz_glastrinkerin-female-glass-drinker_AID712208_320x320.jpg)
