Alexandre Arrechea
Empire (Pentagon) State
Estimate: 20.000 - 30.000 USD
Price realised: 20.000 USD
Price realised: 20.000 USD
Description
Alexandre Arrechea
B. 1970
EMPIRE (PENTAGON) STATE
signed with artist's monogram and dated 2013 NYC
watercolor and graphite on paper
51 by 92 in. 129.5 by 233.7 cm.
Magnan Metz Gallery, New York | Acquired from the above by the present owner
B. 1970
EMPIRE (PENTAGON) STATE
signed with artist's monogram and dated 2013 NYC
watercolor and graphite on paper
51 by 92 in. 129.5 by 233.7 cm.
Magnan Metz Gallery, New York | Acquired from the above by the present owner
Sold at the lower estimate price
The work Empire (Pentagon) State by Alexandre Arrechea was auctioned at Sothebys in New York in September 2019. The result of USD 20,000.00 (€ 18,340.21) was exactly at the lower end of the estimate range of USD 20,000.00 – 30,000.00. However, buyers have had to dig much deeper into their pockets for other works by Alexandre Arrechea - we have observed the highest auction result to date for the work Sherry Netherlands (from the 'NOLIMITS' series), which sold at auction in November 2017 for USD 62,500.00 (€ 52,529.84).
Zuschlag beim unteren Schätzpreis
Die Arbeit Empire (Pentagon) State von Alexandre Arrechea kam im September 2019 bei Sothebys in New York zur Auktion. Das dabei erzielte Ergebnis von USD 20.000,00 (€ 18.340,21) entsprach exakt dem unteren Ende der Schätzpreisspanne von USD 20.000,00 – 30.000,00. Für andere Arbeiten von Alexandre Arrechea mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Sherry Netherlands (from the 'NOLIMITS' series) beobachtet, die im November 2017 für USD 62.500,00 (€ 52.529,84) versteigert wurde.
Alexandre Arrechea - Auction history
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