{"id":5148,"date":"2013-06-26T19:28:58","date_gmt":"2013-06-26T19:28:58","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=5148"},"modified":"2019-03-01T01:44:46","modified_gmt":"2019-03-01T06:44:46","slug":"more-on-tonights-sale-having-trouble","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2013\/06\/more-on-tonights-sale-having-trouble\/","title":{"rendered":"More on Tonight&#8217;s Sale &#8211; Having Trouble"},"content":{"rendered":"<p>The action continues to move at a very slow pace, with couple of exceptions (prices shown are hammer) &#8211; Soulages <em>Peinture, 21 novembre 1959<\/em> made \u00a33.8M (est.\u00a0\u00a32-\u00a33M) and Gursky&#8217;s<em> Chicago Board of Trade III<\/em> made \u00a31.8 ( est. \u00a3600-\u00a3800) while his <em>Chicago Board of Trade<\/em> made \u00a31.3M (hammer &#8211; est.\u00a0\u00a3700-\u00a3900K). \u00a0Here is an interesting observation &#8230; buyers really wanted the Chicago views since there were also views of <em>Tokyo, Stock Exchange<\/em> (sold for 520K &#8211; est. \u00a3500-\u00a3700K); <em>Kuwait Stock Exchange II<\/em> (\u00a3550K &#8211; est. \u00a3400-\u00a3600K) and <em>Hong Kong Stock Exchange<\/em> (\u00a3400K &#8211; est. \u00a3400-\u00a3600K).<\/p>\n<p>&nbsp;<\/p>\n<p>Lot 23 was a Gerhard Richter which sold for a measly\u00a0\u00a32M (est. \u00a32.5-\u00a33.5M &#8211; it was bought by the seller back in 1994 for $126K). \u00a0The star lot, by Francis Bacon, just clipped its low estimate when it sold for \u00a310.1M (est. \u00a310-\u00a315M).<\/p>\n<p>&nbsp;<\/p>\n<p>There were two Wesselmann pieces that failed to sell. \u00a0The first was his <em>Still Life #5 1\/2<\/em> which was bought by the seller in 2008 for $2.26M and carried an estimate of \u00a3900-\u00a31.2M (even if it sold, the owner was ready to take a big loss) and his <em>Great American Nude #34<\/em> which made $680K in 2003 and this time carried a \u00a33-\u00a34M (this owner was looking for a BIG payday). \u00a0In addition, two works by Basquiat passed.<\/p>\n<p>&nbsp;<\/p>\n<p>Final update to follow &#8230;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 256px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\" \" alt=\"045L13022_6WPXG_1\" src=\"http:\/\/www.sothebys.com\/content\/dam\/stb\/lots\/L13\/L13022\/045L13022_6WPXG_1.jpg.thumb.385.385.png\" width=\"246\" height=\"236\" \/><p class=\"wp-caption-text\">Gerhard Richter&#8217;s ABSTRAKTES BILD<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The action continues to move at a very slow pace, with couple of exceptions (prices shown are hammer) &#8211; Soulages Peinture, 21 novembre 1959 made \u00a33.8M (est.\u00a0\u00a32-\u00a33M) and Gursky&#8217;s Chicago Board of Trade III made \u00a31.8 ( est. \u00a3600-\u00a3800) while &hellip; <a href=\"https:\/\/rehs.com\/eng\/2013\/06\/more-on-tonights-sale-having-trouble\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[20,11,9],"class_list":["post-5148","post","type-post","status-publish","format-standard","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction-results","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More on Tonight&#039;s Sale - Having Trouble - Rehs Galleries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2013\/06\/more-on-tonights-sale-having-trouble\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More on Tonight&#039;s Sale - Having Trouble\" \/>\n<meta property=\"og:description\" content=\"The action continues to move at a very slow pace, with couple of exceptions (prices shown are hammer) &#8211; 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