- Art.Salon
- Artists
- Tunji Adeniyi-Jones
- Red Twins III
Tunji Adeniyi-Jones
Red Twins III
Found at
Phillips,
New York
20th c. and Contemporary Art Day Sale - Afternoon Session, Lot 413
8. Dec - 8. Dec 2020
20th c. and Contemporary Art Day Sale - Afternoon Session, Lot 413
8. Dec - 8. Dec 2020
Estimate: 15.000 - 20.000 USD
Price realised: 163.800 USD
Price realised: 163.800 USD
Description
oil on canvas
58 x 60 in. (147.3 x 152.4 cm)
Painted in 2018.
A portion of Phillips’ revenue for this Lot will benefit the Cuperior Residency, Berlin.
Hunter Harrison, London | Acquired from the above by the present owner
58 x 60 in. (147.3 x 152.4 cm)
Painted in 2018.
A portion of Phillips’ revenue for this Lot will benefit the Cuperior Residency, Berlin.
Hunter Harrison, London | Acquired from the above by the present owner
Artwork auctioned at eight times the upper estimate price
When the work Red Twins III by Tunji Adeniyi-Jones was auctioned at Phillips in New York in December 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 20,000.00 but the actual price achieved was more than eight times as high at USD 163,800.00 (€ 133,932.95). However, buyers have had to dig much deeper into their pockets for other works by Tunji Adeniyi-Jones - we have observed the highest auction result to date for the work Pattern Makers, which sold at auction in October 2021 for GBP 302,400.00 (€ 358,262.33).
Kunstwerk zum Achtfachen des oberen Schätzpreises versteigert
Als die Arbeit Red Twins III von Tunji Adeniyi-Jones im Dezember 2020 bei Phillips in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 20.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 163.800,00 (€ 133.932,95) mehr als achtmal so hoch. Für andere Arbeiten von Tunji Adeniyi-Jones mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Pattern Makers beobachtet, die im Oktober 2021 für GBP 302.400,00 (€ 358.262,33) versteigert wurde.