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Alejandro Otero - Tablón No. 32

Alejandro Otero

Tablón No. 32

Found at Sothebys, New York
Contemporary Art Day Auction, Lot 263
13. May - 13. May 2021
Estimate: XX.XXX
Price realised: XX.XXX
Property from a Distinguished Private Collection
Alejandro Otero
1921 - 1990
Tablón No. 32
signed, titled and dated 1976 on the reverse
Duco on formica and wood
78¾ by 21⅞ in. 200 by 55.6 cm.
Private Collection, Caracas (acquired directly from the artist)  | Durban Segnini Gallery, Caracas (acquired from the above in 2005)  | Acquired from the above by the present owner in 2006 

Auction result well in line with expectations

The work Tablón No. 32 by Alejandro Otero was auctioned at Sothebys in New York in May 2021. The price achieved of USD 302,400.00 (€ 247,990.82) was within expectations - the estimate range had previously been set by the auction house as USD 280,000.00 – 350,000.00. However, buyers have had to dig much deeper into their pockets for other works by Alejandro Otero - we have observed the highest auction result to date for the work Coloritmo 57, which sold at auction in November 2015 for USD 790,000.00 (€ 747,964.40).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Tablón No. 32 von Alejandro Otero kam im Mai 2021 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 302.400,00 (€ 247.990,82) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 280.000,00 – 350.000,00 angegeben worden. Für andere Arbeiten von Alejandro Otero mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Coloritmo 57 beobachtet, die im November 2015 für USD 790.000,00 (€ 747.964,40) versteigert wurde.

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