Willem de Kooning Work Sells for $12.25m But Delivers a 13% Negative Return
3 min read · 18 May 2026
Untitled I. Image courtesy of Christie's
Willem de Kooning, Untitled I (1980), sold for $12.25m, more than the low estimate at Christie's in New York on May 18.
The sale was below the previous auction result by $1.83m, realizing a 13% negative return. It last sold at auction in 2012 for $14.08m at Christie's.
Oil on canvas, 203.2 x 177.8cm. The work has been traded 4 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
May 18, 2026 | $12.25m | -13 % | Christie's | New York |
May 08, 2012 | $14.08m | - | Christie's | New York |
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