Ernesto Caivano
E-13
Found at
Sothebys,
New York
Contemporary Art, Lot 13
21. Sep - 21. Sep 2012
Contemporary Art, Lot 13
21. Sep - 21. Sep 2012
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Ernesto Caivano
B.1972
E-13
signed with the artist's initials and dated EC08; signed, titled, and dated 2008 on the reverse
ink on paper
22 3/8 by 37 7/8 in.
56.6 by 95.7 cm.
White Cube, London | Acquired by the present owner from the above
B.1972
E-13
signed with the artist's initials and dated EC08; signed, titled, and dated 2008 on the reverse
ink on paper
22 3/8 by 37 7/8 in.
56.6 by 95.7 cm.
White Cube, London | Acquired by the present owner from the above
Auction result misses estimated price range
When the work E-13 by Ernesto Caivano was auctioned at Sothebys in New York in September 2012, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 7,000.00 – 9,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 6,875.00 (€ 5,347.70). Admittedly, works by Ernesto Caivano have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Birds and Waterfall (I-IV) in November 2007 with an auction result of USD 39,400.00 (€ 26,824.62).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit E-13 von Ernesto Caivano im September 2012 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 7.000,00 – 9.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 6.875,00 (€ 5.347,70) den Besitzer. Freilich wurden Arbeiten von Ernesto Caivano auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Birds and Waterfall (I-IV) im November 2007 mit einem Auktionsergebnis von USD 39.400,00 (€ 26.824,62).
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