Benedicto Reyes Cabrera
Drapes
Found at
Sothebys,
Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 317
4. Apr - 4. Apr 2016
Modern and Contemporary Southeast Asian Art, Lot 317
4. Apr - 4. Apr 2016
Estimate: 50.000 - 70.000 HKD
Price realised: 250.000 HKD
Price realised: 250.000 HKD
Description
Benedicto Reyes Cabrera
B. 1942
DRAPES
Signed and dated 7-71
Mixed media on paper fixed on cardboard
37 by 32.5 cm; 14 1/2 by 12 3/4 in.
Acquired by the Present Owner in the 1970s | Private Collection, UK
B. 1942
DRAPES
Signed and dated 7-71
Mixed media on paper fixed on cardboard
37 by 32.5 cm; 14 1/2 by 12 3/4 in.
Acquired by the Present Owner in the 1970s | Private Collection, UK
Artwork auctioned at three times the upper estimate price
The work Drapes by Benedicto Reyes Cabrera was worth HKD 250,000.00 (€ 28,166.24) to a buyer in April 2016. This price was achieved in the auction Modern and Contemporary Southeast Asian Art at Sothebys in Hong Kong and exceeded the previously set upper estimate of HKD 70,000.00 many times over. Of course, this price has nothing to do with the top prices that other works by Benedicto Reyes Cabrera achieve. The highest price we have observed so far was reached by the work Untitled (Sabel) in October 2020 with an auction result of HKD 2,772,000.00 (€ 307,021.55).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Die Arbeit Drapes von Benedicto Reyes Cabrera war einem Käufer im April 2016 HKD 250.000,00 (€ 28.166,24) wert. Dieser Preise wurde in der Auktion Modern and Contemporary Southeast Asian Art bei Sothebys in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 70.000,00 um ein Vielfaches. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Benedicto Reyes Cabrera erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled (Sabel) im Oktober 2020 mit einem Auktionsergebnis von HKD 2.772.000,00 (€ 307.021,55).