Eduardo Terrazas - Untitled

Eduardo Terrazas

Untitled

Found at Christies, New York
Latin American Art, Lot 78
11. Mar - 11. Mar 2022
Estimate: XX.XXX
Price realised: XX.XXX
EDUARDO TERRAZAS (b. 1936)
Untitled
signed and dated 'Terrazas NY 77' (lower right)
oil on canvas
49 x 35 1⁄2 in. (124.5 x 90.2 cm.)
Painted in 1977.

Upper estimate price exceeded by 51 %.

In March last year Christies in New York held the auction Latin American Art, which included this untitled work by Eduardo Terrazas. The »bidding war« ended at USD 52,920.00 (€ 47,705.76), 51% above the upper estimate. Despite this good result, it is not the highest hammer price for an artwork by Eduardo Terrazas; that achieved among the auctions we observed the lot 1.1.213 (From The Series 'Possibilities Of A Structure', Subseries Of 'Cosmos') sold at auction in November 2020 with the realized price of GBP 75,000.00 (€ 83,725.31).

Oberer Schätzpreis um 51 % übertroffen

Im März letzten Jahres führte Christies in New York die Auktion Latin American Art durch, in der auch diese Arbeit ohne Titel von Eduardo Terrazas zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 52.920,00 (€ 47.705,76) und damit 51% über dem oberen Schätzpreis. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Eduardo Terrazas; den erzielte unter den von uns beobachteten Auktionen die Arbeit 1.1.213 (From The Series 'Possibilities Of A Structure', Subseries Of 'Cosmos') im November 2020 mit dem Hammerpreis von GBP 75.000,00 (€ 83.725,31).

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