Caio Fonseca
Tenth Street #46
Found at
Sothebys,
New York (Online Auction)
Contemporary Art Online | New York, Lot 544
2. Oct - 2. Oct 2019
Contemporary Art Online | New York, Lot 544
2. Oct - 2. Oct 2019
Estimate: 6.000 - 8.000 USD
Price realised: 47.500 USD
Price realised: 47.500 USD
Description
Property from the Estate of Patrick McCarthy
CAIO FONSECA
b.1959
TENTH STREET #46
signed; signed, titled and dated 1994 on the reverse
acrylic on canvas
72⅛ by 52 in. (183 by 132 cm.)
A. Knoedler & Co, New York | Acquired from the above by the present owner
CAIO FONSECA
b.1959
TENTH STREET #46
signed; signed, titled and dated 1994 on the reverse
acrylic on canvas
72⅛ by 52 in. (183 by 132 cm.)
A. Knoedler & Co, New York | Acquired from the above by the present owner
Artwork auctioned at five times the upper estimate price
The work Tenth Street #46 by Caio Fonseca was worth USD 47,500.00 (€ 42,581.80) to a buyer in October 2019. This price was achieved in the auction Contemporary Art Online | New York at Sothebys in New York and exceeded the previously set upper estimate of USD 8,000.00 many times over. Despite this good result, it is not the highest hammer price for an artwork by Caio Fonseca; that achieved among the auctions we observed the lot Tenth Street #80 sold at auction in March 2017 with the realized price of USD 60,000.00 (€ 56,085.25).
Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert
Die Arbeit Tenth Street #46 von Caio Fonseca war einem Käufer im Oktober 2019 USD 47.500,00 (€ 42.581,80) wert. Dieser Preise wurde in der Auktion Contemporary Art Online | New York bei Sothebys in New York erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von USD 8.000,00 um ein Vielfaches. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Caio Fonseca; den erzielte unter den von uns beobachteten Auktionen die Arbeit Tenth Street #80 im März 2017 mit dem Hammerpreis von USD 60.000,00 (€ 56.085,25).
Caio Fonseca - Auction history
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