Eduardo Kingman

Mendigo

Found at Christies, New York (Online Auction)
Latin American Art Online, Lot 54
4. Feb - 18. Feb 2022
Estimate: 12.000 - 18.000 USD
Price realised: 10.000 USD
Eduardo Kingman (1913-1997)
Mendigo
signed and dated 'E. Kingman, 62' (lower right), inscribed 'MENDIGO, POLIVINILO DE EDUARDO KINGMAN, QUITO-1962' (on the reverse)
acrylic and sand on canvas
31 1 ⁄ 2 x 47 1 ⁄ 2 in. (80 x 121 cm.)
Painted in Quito in 1962.

Auction result misses estimated price range

This work of art by Eduardo Kingman could be acquired at Christies in New York in February last year for an unexpectedly low price. In the Latin American Art Online auction, the work Mendigo changed hands for USD 10,000.00 (€ 8,909.48) - missing the lower end of the estimate range of USD 12,000.00 – 18,000.00. Admittedly, works by Eduardo Kingman have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Sin Título in November 2008 with an auction result of USD 104,500.00 (€ 82,322.36).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Eduardo Kingman konnte im Februar letzten Jahres bei Christies in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Latin American Art Online wechselte die Arbeit Mendigo für USD 10.000,00 (€ 8.909,48) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 12.000,00 – 18.000,00. Freilich wurden Arbeiten von Eduardo Kingman auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Sin Título im November 2008 mit einem Auktionsergebnis von USD 104.500,00 (€ 82.322,36).

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