Red Grooms

Little Italy

Found at Bonhams, New York (Online Auction)
Summer RefreshmentsPrints & Multiples Online, Lot 11
29. Jul - 12. Aug 2019
Estimate: 4.000 - 6.000 USD
Price realised: 6.950 USD
Red Grooms (born 1937)
Little Italy (Kn.117), 1989
Three-dimensional lithograph in colors with die cut on Rives BFK paper, signed in red pencil and numbered 74/90 (there were also 10 artist's proofs), co-published by the artist and Shark's Inc., Boulder, Colorado, cut-out, glued and mounted in Plexiglas case, as issued.
25 1/2 x 35 1/2 x 15in (64.8 x 90.2 x 38.1cm)

Upper estimated price slightly exceeded

The work Little Italy by Red Grooms was sold in the Summer RefreshmentsPrints & Multiples Online auction at Bonhams in New York in August 2019. The »bidding war« ended at USD 6,950.00 (€ 6,324.51), 16% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Red Grooms achieve. The highest price we have observed so far was reached by the work Joltin' Joe Takes a Swing in May 2001 with an auction result of USD 70,500.00 (€ 83,382.61).

Oberer Schätzpreis leicht übertroffen

Die Arbeit Little Italy von Red Grooms wurde im August 2019 in der Auktion Summer RefreshmentsPrints & Multiples Online bei Bonhams in New York versteigert. Das »Bietergefecht« endete beim Preis von USD 6.950,00 (€ 6.324,51) und damit 16% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Red Grooms erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Joltin' Joe Takes a Swing im Mai 2001 mit einem Auktionsergebnis von USD 70.500,00 (€ 83.382,61).

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