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Lot ID: 16636
Julie  Mehretu:   Untitled (Module) (in two parts)
 
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Estimate
US $250,000 - $350,000
End Time
Thursday, November 12, 2009, 1:41 PM EST
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Description
Artist: Mehretu Julie
Title: Untitled (Module) (in two parts)
Style: Contemporary (ca. 1945-present), abstract, Postmodern (ca. 1960s-present)
Medium: Paintings, Acrylic, ink, and watercolor on two vellum sheets mounted between Plexiglas, in painted wood light box
Year: 1999
Size: height - 54.5 in, width - 72 in, depth - 0 in
Markings: signed, verso
Edition: Unique
Estimate: from $250,000 to $350,000

Seller's Description:
Mod_Contemp
This 2005 MacArthur Fellowship recipient is known for her large-scale diagrammatic works with overlapping layers of organic and straight-edged lines, evocative here of a city-state aerial or weather map. With this untitled (Module) work, JULIE MEHRETU uses soft blue and grey architectural shapes as a foil and corral for many layers of gestures and marks punctuated with spirals and clusters of dots. She has presented this in a more than 4 x 6 foot light box, so that the layers are lit from beneath.
  • Condition Report
    • Current lot doesn't have any damage.
  • History & Provenance
    • Provenance:
      Sotheby's New York: Wednesday, November 15, 2006, [Lot 500]
      Private Collection, USA

      Exhibition:
      Houston, Project Row Houses, Module, 1999.

      Publications:
      Alexander Dumbadze, Julie Mehretu and Amy Brock: Project Row Houses, New Art Examiner, Vol. 27, No.1, September 1999, p.62.
  • Shipping Information
    • Shipping Carrier:
      Fine Art Shipper
      Shipping Weight: 30 lbs
      Framing: Yes
      Item Location: Texas, USA
      Shipping Options:

      Fine Art Shipper
  • Payment & Return Policies
    • Accepted:
      Wire transfer

      artnet Assurance Policy:
      Every artnet Online Auctions seller has been approved by artnet after a thorough review. All of our sellers are required to accept the following artnet policy: A buyer may return an item purchased through artnet Online Auctions, if the item received is not as described in its listing, or is found to be not authentic. Please see our full Return Policy for details.

Sales Results for Comparable Work

  • Julie Mehretu
    Transients, 2006
    acrylic, ink and gesso on canvas
    60.5 in. x 48.5 in. / 153.7 cm. x 123.2 cm.

    Sold for US $378,927

    Christie's London:
    Tuesday, June 30, 2009, (Lot 00037)
    Post-War and Contemporary Art Evening Sale

  • Julie Mehretu
    Untitled (Dervish), 2005
    ink and acrylic on canvas
    47.8 in. x 35.5 in. / 121.4 cm. x 90.2 cm.

    Sold for US $394,038

    Sotheby's London:
    Thursday, June 25, 2009, (Lot 00008)
    Contemporary Evening Sale

  • Julie Mehretu
    White plane, 1998
    ink and polymer on vellum laid on canvas on panel
    36.0 in. x 24.0 in. / 91.4 cm. x 61.0 cm.
    Signed, Inscribed

    Sold for US $217,000

    Christie's New York:
    Wednesday, November 14, 2007, (Lot 00370)
    Post War and Contemporary Art Afternoon Session

To view additional information about these lots or to search Julie Mehretu's artworks in our illustrated online database of 3.8 million auction results culled from over 500 of the leading international auction houses, please subscribe to artnet's Price Database.
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Art Market Data

Historical Auction Records
  • More About this Chart

    • The Historical Auction Records Chart shows the price development of works similar to the lot on sale. The comparable works are chosen from the artnet Price Database by our experienced specialists and art historians.

      The data is culled from the artnet Price Database, which has collected auction sales results for over twenty years.

      Prices are stated in USD in order to facilitate comparison and analysis of the market reports. When sales took place in another currency, the conversion of that amount into USD was done on the basis of the average conversion rate applicable on the day of the sale.

      Although most auction houses these days report transactions in prices that include a buyer’s premium, some auction houses report only the hammer price. Based on an analysis of historical auction catalogs, we apply a formula to all records with hammer prices to estimate the effect of a buyer’s premium. All prices used in the charts are either reported in or equated to hammer price plus buyer’s premium.

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Julie Mehretu
Transients , 2006
Sold for US $378,927
Tuesday, June 30, 2009
Julie Mehretu
Untitled (Dervish) , 2005
Sold for US $394,038
Thursday, June 25, 2009
Julie Mehretu
White plane , 1998
Sold for US $217,000
Wednesday, November 14, 2007
Julie Mehretu
Untitled (Module) (in two parts) , 1999
Sold for US $180,000
Wednesday, November 15, 2006
Julie Mehretu
Skybox , 1998
Sold for US $66,000
Thursday, May 12, 2005
Julie Mehretu
Ringside , 1999 1999 - 1999
Sold for US $74,090
Tuesday, September 23, 2003
Contemporary Price Development
  • More About this Chart

    • The chart shows the annual average premium prices of lots sold within a certain collecting category, which are calculated by dividing the total sales volume of the premium prices of all lots sold by the amount of lots sold. artnet defined peer groups or artists representing certain collecting categories. To be included in artnet’s peer groups, artists need to have sold either at least 10 lots at USD 10,000 or more, or at least 40 lots at USD 5,000 or more, or at least 3 lots each year since 2006 of which at least 2 were sold over USD 5,000. Our Contemporary art peer group consists of 1,339 artists. For 2009, the data included in the calculations is current through the 15th of June. The charts will be updated every three months.

      The data is culled from the artnet Price Database, which has collected auction sales results for over twenty years.

      Prices are stated in USD in order to facilitate comparison and analysis of the market reports. When sales took place in another currency, the conversion of that amount into USD was done on the basis of the average conversion rate applicable on the day of the sale.

      Although most auction houses these days report transactions in prices that include a buyer’s premium, some auction houses report only the hammer price. Based on an analysis of historical auction catalogs, we apply a formula to all records with hammer prices to estimate the effect of a buyer’s premium. All prices used in the charts are either reported in or equated to hammer price plus buyer’s premium.

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