Sturtevant

Johns White Flag

Found at Sothebys, New York
Contemporary Evening Auction, Lot 102
9. May - 20. May 2022
Estimate: 600.000 - 800.000 USD
Price realised: 2.107.000 USD
Property from a Prominent Private European Collection
Sturtevant
1924 - 2014
Johns White Flag
signed Sturtevant, titled Johns White Flag and dated 1991 (on the reverse)
encaustic and collage on canvas, in three parts
78 ⅛ by 120 ⅛ in.
198.5 by 305 cm
Executed in 1991. -------------------------------------------
Hans Mayer Gallery, Düsseldorf | Acquired from the above in 1994 by the present owner

Upper estimate price exceeded by more than 100%

This artwork by Elaine Sturtevant achieved an unexpectedly high price at Sothebys in New York in May last year. In the Contemporary Evening Auction auction, the work Johns White Flag sold for USD 2,107,000.00 (€ 1,963,470.32) - well above the upper estimate of USD 800,000.00. However, buyers have had to dig much deeper into their pockets for other works by Elaine Sturtevant - we have observed the highest auction result to date for the work Warhol Diptych, which sold at auction in May 2015 for USD 5,093,000.00 (€ 4,632,526.83).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Elaine Sturtevant erzielte im Mai letzten Jahres bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Contemporary Evening Auction wurde die Arbeit Johns White Flag für USD 2.107.000,00 (€ 1.963.470,32) versteigert – und damit weit über dem oberen Schätzpreis von USD 800.000,00. Für andere Arbeiten von Elaine Sturtevant mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Warhol Diptych beobachtet, die im Mai 2015 für USD 5.093.000,00 (€ 4.632.526,83) versteigert wurde.

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