Robert Indiana
TWO
Estimate: 50.000 - 70.000 USD
Price realised: 101.175 USD
Price realised: 101.175 USD
Description
PROPERTY FROM THE ESTATE OF LEE AND BARBARA ISGUR, NORTHERN CALIFORNIA
ROBERT INDIANA (1928-2018)
TWO
1996
stamped with the artist's name, date and number on the verso of the base 1996
polychrome aluminum on steel base
18 by 18 by 10 in.
45.7 by 45.7 by 25.4 cm.
Morgan Art Foundation Ltd. (Acquired directly from the artist) | Galerie Denise René, Paris (Acquired from the above in 2001) | Acquired directly from the above by the present owner in 2001 | Exhibitions | Caracas, Galería Ateneo de Caracas, Los Estados Unidos bajo la Optica de Robert Indiana, 2001, no. 17, pp. 28 and 64, illustrated in color | Seoul, Gallery Hyundai, Lumière et Mouvement dans l'Art abstrait du XXème siècle, 2001, p. 85, illustrated in color (another example from the edition exhibited and illustrated) | Shanghai, Shanghai Art Museum, Robert Indiana, 2002, p. 111, illustrated in color (another example from the edition exhibited and illustrated) | Princeton, Princeton Uni
ROBERT INDIANA (1928-2018)
TWO
1996
stamped with the artist's name, date and number on the verso of the base 1996
polychrome aluminum on steel base
18 by 18 by 10 in.
45.7 by 45.7 by 25.4 cm.
Morgan Art Foundation Ltd. (Acquired directly from the artist) | Galerie Denise René, Paris (Acquired from the above in 2001) | Acquired directly from the above by the present owner in 2001 | Exhibitions | Caracas, Galería Ateneo de Caracas, Los Estados Unidos bajo la Optica de Robert Indiana, 2001, no. 17, pp. 28 and 64, illustrated in color | Seoul, Gallery Hyundai, Lumière et Mouvement dans l'Art abstrait du XXème siècle, 2001, p. 85, illustrated in color (another example from the edition exhibited and illustrated) | Shanghai, Shanghai Art Museum, Robert Indiana, 2002, p. 111, illustrated in color (another example from the edition exhibited and illustrated) | Princeton, Princeton Uni
Upper estimate price exceeded by 45 %.
The work TWO by Robert Indiana was auctioned at Bonhams in May this year. It achieved a price of USD 101,175.00 (€ 94,964.33), exceeding the upper end of the estimate range by 45%. Of course, this price has nothing to do with the top prices that other works by Robert Indiana achieve. The highest price we have observed so far was reached by the work Love in November 2018 with an auction result of USD 3,495,000.00 (€ 3,086,637.82).
Oberer Schätzpreis um 45 % übertroffen
Die Arbeit TWO von Robert Indiana kam im Mai diesen Jahres bei Bonhams zur Auktion. Sie erzielte dabei einen Preis von USD 101.175,00 (€ 94.964,33) und übertraf damit das obere Ende der Schätzpreisspanne um 45%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Robert Indiana erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Love im November 2018 mit einem Auktionsergebnis von USD 3.495.000,00 (€ 3.086.637,82).