Salvatore Scarpitta

Red Freight

Found at Phillips, London Auction
20th Century & Contemporary Art Evening Sale, Lot 15
14. Oct - 14. Oct 2022
Estimate: 900.000 - 1.200.000 GBP
Price realised: 1.111.500 GBP
signed, titled, inscribed and dated ‘“RED FREIGHT” S. Scarpitta 1961 75” x 61” c/o Leo Castelli 4 E 77 ST NY NY’ on the reverse
bandages and mixed media on canvas
190.5 x 154.9 x 14.5 cm (75 x 61 x 5 3/4 in.)
Executed in 1961.

Auction result well in line with expectations

In October last year Phillips in London held the auction 20th Century & Contemporary Art Evening Sale, which included the work Red Freight by Salvatore Scarpitta. The price achieved of GBP 1,111,500.00 (€ 1,294,885.19) was within expectations - the estimate range had previously been set by the auction house as GBP 900,000.00 – 1,200,000.00. However, buyers have had to dig much deeper into their pockets for other works by Salvatore Scarpitta - we have observed the highest auction result to date for the work Housing Developed, which sold at auction in October 2019 for GBP 2,535,000.00 (€ 2,940,418.20).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober letzten Jahres führte Phillips in London die Auktion 20th Century & Contemporary Art Evening Sale durch, in der auch die Arbeit Red Freight von Salvatore Scarpitta zur Versteigerung kam. Der dabei erzielte Preis von GBP 1.111.500,00 (€ 1.294.885,19) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 900.000,00 – 1.200.000,00 angegeben worden. Für andere Arbeiten von Salvatore Scarpitta mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Housing Developed beobachtet, die im Oktober 2019 für GBP 2.535.000,00 (€ 2.940.418,20) versteigert wurde.

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