- Art.Salon
- Artists
- Theaster Gates
- Rubber Reduction Exercise
Theaster Gates
Rubber Reduction Exercise
Found at
Phillips,
New York
20th c. and Contemporary Art Day Sale - Afternoon Session, Lot 442
8. Dec - 8. Dec 2020
20th c. and Contemporary Art Day Sale - Afternoon Session, Lot 442
8. Dec - 8. Dec 2020
Estimate: 100.000 - 150.000 USD
Price realised: 176.400 USD
Price realised: 176.400 USD
Description
signed and dated "Theaster Gates 2013" on the reverse
roofing paper, rubber and tar on panel
96 1/4 x 96 1/4 x 4 in. (244.5 x 244.5 x 10.2 cm)
Executed in 2013.
White Cube, London | Acquired from the above by the present owner in October 2013
roofing paper, rubber and tar on panel
96 1/4 x 96 1/4 x 4 in. (244.5 x 244.5 x 10.2 cm)
Executed in 2013.
White Cube, London | Acquired from the above by the present owner in October 2013
Upper estimated price slightly exceeded
The work Rubber Reduction Exercise by Theaster Gates was sold in the 20th c. and Contemporary Art Day Sale - Afternoon Session auction at Phillips in New York in December 2020. The »bidding war« ended at USD 176,400.00 (€ 144,235.49), 18% above the upper estimate. Admittedly, works by Theaster Gates have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work A Flag For The Least Of Them in December 2018 with an auction result of USD 807,000.00 (€ 704,434.36).
Oberer Schätzpreis leicht übertroffen
Die Arbeit Rubber Reduction Exercise von Theaster Gates wurde im Dezember 2020 in der Auktion 20th c. and Contemporary Art Day Sale - Afternoon Session bei Phillips in New York versteigert. Das »Bietergefecht« endete beim Preis von USD 176.400,00 (€ 144.235,49) und damit 18% über dem oberen Schätzpreis. Freilich wurden Arbeiten von Theaster Gates auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit A Flag For The Least Of Them im Dezember 2018 mit einem Auktionsergebnis von USD 807.000,00 (€ 704.434,36).