Edgar Negret
Árbol
Found at
Phillips,
New York
20th c. and Contemporary Art Day Sale - Morning Session, Lot 221
8. Dec - 8. Dec 2020
20th c. and Contemporary Art Day Sale - Morning Session, Lot 221
8. Dec - 8. Dec 2020
Estimate: 25.000 - 35.000 USD
Price realised: 21.420 USD
Price realised: 21.420 USD
Description
signed, titled and dated ""ÁRBOL" NEGRET 1984" on the underside
painted aluminum
44 7/8 x 32 1/4 x 29 7/8 in. (114 x 82 x 76 cm)
Executed in 1984, this work is unique.
This work is accompanied by a certificate of authenticity issued by Germán Alvarado.
André Tarditti, Bogotá (acquired directly from the artist) | Adolphs Franz, Bogotá (acquired by descent from the above) | Acquired from the above by the present owner
painted aluminum
44 7/8 x 32 1/4 x 29 7/8 in. (114 x 82 x 76 cm)
Executed in 1984, this work is unique.
This work is accompanied by a certificate of authenticity issued by Germán Alvarado.
André Tarditti, Bogotá (acquired directly from the artist) | Adolphs Franz, Bogotá (acquired by descent from the above) | Acquired from the above by the present owner
Auction result misses estimated price range
When the work Árbol by Edgar Negret was auctioned at Phillips in New York in December 2020, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 25,000.00 – 35,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 21,420.00 (€ 17,514.31). Admittedly, works by Edgar Negret have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Aparato Mágico in November 2017 with an auction result of USD 125,000.00 (€ 105,059.67).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Árbol von Edgar Negret im Dezember 2020 bei Phillips in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 25.000,00 – 35.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 21.420,00 (€ 17.514,31) den Besitzer. Freilich wurden Arbeiten von Edgar Negret auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Aparato Mágico im November 2017 mit einem Auktionsergebnis von USD 125.000,00 (€ 105.059,67).
Edgar Negret - Auction history
Other artists in this auction
