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Carlos Garaicoa - Acerca de la caja del reloj y del tiempo que se ha ido (About the Grandfather Clock and How Long It\'s Been Gone)

Carlos Garaicoa

Acerca de la caja del reloj y del tiempo que se ha ido (About the Grandfather Clock and How Long It's Been Gone)

Found at Phillips, New York Auction
New Now, Lot 95
26. Sep - 26. Sep 2018
Estimate: XX.XXX
Price realised: XX.XXX
(i, iii, iv, v) signed, numbered and dated "2/5 C. Garaicoa 95-00" on the reverse (ii) signed, numbered and dated "3/5 C. Garaicoa 95-00" on the reverse
chromogenic print, in 5 parts
each image 18 7/8 x 18 7/8 in. (47.9 x 47.9 cm.)
each sheet 24 x 20 in. (61 x 50.8 cm.)
(i, iii, iv, v) Executed in 1995-2000, each work is number 2 from an edition of 5 (ii) Executed in 1995-2000, this work is number 3 from an edition of 5.
Alonso Art, Miami | Private Collection, Miami | Phillips, New York, November 21, 2013, lot 51 | Private Collection (acquired at the above sale) | Acquired from the above by the present owner

Auction result misses estimated price range

In September 2018 a collector was able to acquire the work Acerca de la caja del reloj y del tiempo que se ha ido (About the Grandfather Clock and How Long It's Been Gone) by Carlos Garaicoa for USD 10,000.00 (€ 8,604.37). This price was achieved in the auction New Now at Phillips in New York and was even below the estimate range of USD 12,000.00 – 18,000.00 set by the auction house. Admittedly, works by Carlos Garaicoa have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Untitled (from the series New Architectures) in September 2010 with an auction result of USD 56,250.00 (€ 41,357.25).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im September 2018 konnte ein Sammler die Arbeit Acerca de la caja del reloj y del tiempo que se ha ido (About the Grandfather Clock and How Long It's Been Gone) von Carlos Garaicoa für USD 10.000,00 (€ 8.604,37) erwerben. Dieser Preis wurde in der Auktion New Now bei Phillips in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 12.000,00 – 18.000,00. Freilich wurden Arbeiten von Carlos Garaicoa auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Untitled (from the series New Architectures) im September 2010 mit einem Auktionsergebnis von USD 56.250,00 (€ 41.357,25).

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