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Arturo Michelena - A Pair Of Drawings: Calle Los Teques And Mono

Arturo Michelena

A Pair Of Drawings: Calle Los Teques And Mono

Found at Sothebys, New York
Latin American Art, Lot 89
21. Nov - 21. Nov 2007
Estimate: XX.XXX
Price realised: XX.XXX
Arturo Michelena(1863-1898)
A PAIR OF DRAWINGS: CALLE LOS TEQUES AND MONO
watercolor on paper; watercolor and graphite on thick paper
both inscribed Doy fe que este cuadro es pintado por mi finado marido Arturo Michelena su viuda, Lastenia Tello Mendoza, Caracas 1922 lower right and lower left
17 7/8 by 11 5/8 in. (45.3 by 29.5 cm)
13 by 8 5/8 in. (33 by 22 cm)
Calle los Teques: | Pedro Elías Gutiérrez, Caracas (acquired from the artist) | Lastenia Tello de Michelena, Caracas | Acquired from the above by the present owner | Mono: | Corina Tello de Holley, Caracas (acquired from the artist) | Acquired from the above by the present owner

Auction result misses estimated price range

In November 2007 a collector was able to acquire the work A Pair Of Drawings: Calle Los Teques And Mono by Arturo Michelena for USD 11,875.00 (€ 8,084.83). This price was achieved in the auction Latin American Art at Sothebys in New York and was even below the estimate range of USD 18,000.00 – 22,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Arturo Michelena achieve. The highest price we have observed so far was reached by the work Firma Del Acta de La Independencia in November 2006 with an auction result of USD 688,000.00 (€ 518,814.57).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im November 2007 konnte ein Sammler die Arbeit A Pair Of Drawings: Calle Los Teques And Mono von Arturo Michelena für USD 11.875,00 (€ 8.084,83) erwerben. Dieser Preis wurde in der Auktion Latin American Art bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 18.000,00 – 22.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Arturo Michelena erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Firma Del Acta de La Independencia im November 2006 mit einem Auktionsergebnis von USD 688.000,00 (€ 518.814,57).

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