Augusto Torres
Street Scene, Montevideo
Estimate: 15.000 - 20.000 USD
Price realised: 31.000 USD
Price realised: 31.000 USD
Description
Augusto Torres(1913-1992)
STREET SCENE, MONTEVIDEO
oil on masonite
signed upper left
19 3/4 by 28 1/8 in.
(50.2 by 71.4 cm)
Painted circa 1970.
Private Collection, Montevideo (acquired from the artist) | Cecilia de Torres Ltd., New York | Sicardi Gallery, Houston
STREET SCENE, MONTEVIDEO
oil on masonite
signed upper left
19 3/4 by 28 1/8 in.
(50.2 by 71.4 cm)
Painted circa 1970.
Private Collection, Montevideo (acquired from the artist) | Cecilia de Torres Ltd., New York | Sicardi Gallery, Houston
Upper estimate price exceeded by 55 %.
In May 2008 Sothebys in New York held the auction Latin American Art, which included the work Street Scene, Montevideo by Augusto Torres. The »bidding war« ended at USD 31,000.00 (€ 19,922.88), 55% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Augusto Torres - we have observed the highest auction result to date for the work Composición Universal-Razón, which sold at auction in May 2018 for USD 81,250.00 (€ 69,622.96).
Oberer Schätzpreis um 55 % übertroffen
Im Mai 2008 führte Sothebys in New York die Auktion Latin American Art durch, in der auch die Arbeit Street Scene, Montevideo von Augusto Torres zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 31.000,00 (€ 19.922,88) und damit 55% über dem oberen Schätzpreis. Für andere Arbeiten von Augusto Torres mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Composición Universal-Razón beobachtet, die im Mai 2018 für USD 81.250,00 (€ 69.622,96) versteigert wurde.
Augusto Torres - Auction history
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