Tom Sachs

Untitled (HK MP5)

Found at Bonhams, London
Post-War & Contemporary Art, Lot 27
30. Jun - 30. Jun 2022
Estimate: 15.000 - 20.000 GBP
Price realised: 16.575 GBP
TOM SACHS (b. 1966)
Untitled (HK MP5)
1998
ink, glue, card and foamboard
25.4 by 49 by 6 cm.
10 by 19 5/16 by 2 3/8 in.
This work was executed in 1998.
Morris Healy, New York | Private Collection, US | Sale: Sotheby's, New York, Contemporary Art Day Sale, 16 May 2007, Lot 414 | Acquired directly from the above by the present owner

Auction result well in line with expectations

The work Untitled (HK MP5) by Tom Sachs was auctioned at Bonhams in London in June last year. The price achieved of GBP 16,575.00 (€ 19,255.44) was within expectations - the estimate range had previously been set by the auction house as GBP 15,000.00 – 20,000.00. Of course, this price has nothing to do with the top prices that other works by Tom Sachs achieve. The highest price we have observed so far was reached by the work Tiffany Value Meal in May last year with an auction result of USD 302,400.00 (€ 281,800.39).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (HK MP5) von Tom Sachs kam im Juni letzten Jahres bei Bonhams in London zur Auktion. Der dabei erzielte Preis von GBP 16.575,00 (€ 19.255,44) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 15.000,00 – 20.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Tom Sachs erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Tiffany Value Meal im Mai letzten Jahres mit einem Auktionsergebnis von USD 302.400,00 (€ 281.800,39).

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