Diego Rivera

Communards (Comuna de Paris)

Found at Christies, New York
Latin American Art, Lot 18
20.Nov - 21.Nov.2018
Estimate: 100.000 - 150.000 USD
Price realised: 492.500 USD
signed ‘Diego Rivera, 28’ (lower right) signed and dated again ‘Rivera, 28 (lower left)
gouache on paper laid on board
19 3/8 x 15 ½ in. (49.2 x 39.4 cm.)
Executed in 1928.
Dr. Hubert Herring, New York (acquired directly from the artist). | Bennington College, Bennington, Vermont (gift from the above, circa 1936).

Artwork auctioned at three times the upper estimate price

When the work Communards (Comuna de Paris) by Diego Rivera was auctioned at Christies in New York in November 2018, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 150,000.00 but the actual price achieved was more than three times as high at USD 492,500.00 (€ 434,955.40). Of course, this price has nothing to do with the top prices that other works by Diego Rivera achieve. The highest price we have observed so far was reached by the work The Rivals in November last year with an auction result of USD 14,130,000.00 (€ 13,687,881.43).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Communards (Comuna de Paris) von Diego Rivera im November 2018 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 150.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 492.500,00 (€ 434.955,40) mehr als dreimal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Diego Rivera erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Rivals im November letzten Jahres mit einem Auktionsergebnis von USD 14.130.000,00 (€ 13.687.881,43).

Other artists in this auction

Claudio Bravo - Flowers
Claudio Bravo
Auction: 20.Nov - 21.Nov.2018
Title: Flowers
Price: 150.000 USD
Found at Christies
176 auction results
Fernando Botero - The Maid
Fernando Botero
Auction: 20.Nov - 21.Nov.2018
Title: The Maid
Price: 118.750 USD
Found at Christies
914 auction results
Roberto Fabelo - Mar rojo
Roberto Fabelo
Auction: 20.Nov - 21.Nov.2018
Title: Mar rojo
Price: 275.000 USD
Found at Christies
91 auction results
Beatriz Milhazes - A planta e a flor da banana
Beatriz Milhazes
Auction: 20.Nov - 21.Nov.2018
Title: A planta e a flor da banana
Price: 200.000 USD
Found at Christies
118 auction results

Body language about social inequality | Kaan Ege Önal