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- Richard Phillips
- The President Of The United States Of America
Richard Phillips
The President Of The United States Of America
Found at
Sothebys,
New York (Online Auction)
Contemporary Art Online | New York, Lot 559
2. Oct - 2. Oct 2019
Contemporary Art Online | New York, Lot 559
2. Oct - 2. Oct 2019
Estimate: 5.000 - 7.000 USD
Price realised: 4.750 USD
Price realised: 4.750 USD
Description
The History of Now: The Collection of David Teiger Sold to Benefit Teiger Foundation for the Support of Contemporary Art
RICHARD PHILLIPS
b.1962
THE PRESIDENT OF THE UNITED STATES OF AMERICA
charcoal and chalk on paper
Sheet: 25 by 19½ in. (63.5 by 49.5 cm.)
Framed: 33 by 27⅛ in. (83.8 by 69 cm.)
Executed in 2001.
Friedrich Petzel Gallery, New York | Acquired from the above by David Teiger in June 2001
RICHARD PHILLIPS
b.1962
THE PRESIDENT OF THE UNITED STATES OF AMERICA
charcoal and chalk on paper
Sheet: 25 by 19½ in. (63.5 by 49.5 cm.)
Framed: 33 by 27⅛ in. (83.8 by 69 cm.)
Executed in 2001.
Friedrich Petzel Gallery, New York | Acquired from the above by David Teiger in June 2001
Auction result misses estimated price range
When the work The President Of The United States Of America by Richard Phillips was auctioned at Sothebys in New York in October 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 5,000.00 – 7,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 4,750.00 (€ 4,258.18). Of course, this price has nothing to do with the top prices that other works by Richard Phillips achieve. The highest price we have observed so far was reached by the work Lippen Beißer (Lip-Biter) in May 2007 with an auction result of USD 384,000.00 (€ 285,438.19).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit The President Of The United States Of America von Richard Phillips im Oktober 2019 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 5.000,00 – 7.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 4.750,00 (€ 4.258,18) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Richard Phillips erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Lippen Beißer (Lip-Biter) im Mai 2007 mit einem Auktionsergebnis von USD 384.000,00 (€ 285.438,19).