Ernesto Neto
M.E.D.I.T., 1994
Estimate: 3.000 - 5.000 USD
Price realised: 2.125 USD
Price realised: 2.125 USD
Description
Ernesto Neto (b. 1964)
M.E.D.I.T., 1994
gelatin silver print; signed, titled, dated '1994' and inscribed on the reverse
Sheet: 38 1/4 by 31 in. (97.2 by 78.7 cm.); Framed: 40 by 32 1/8 in. (101.6 by 81.6 cm.)
Executed in 1994, this work is number 2 from an edition of 2.
Galeria Camargo Vilaça, São Paulo | Acquired from the above by the present owner
M.E.D.I.T., 1994
gelatin silver print; signed, titled, dated '1994' and inscribed on the reverse
Sheet: 38 1/4 by 31 in. (97.2 by 78.7 cm.); Framed: 40 by 32 1/8 in. (101.6 by 81.6 cm.)
Executed in 1994, this work is number 2 from an edition of 2.
Galeria Camargo Vilaça, São Paulo | Acquired from the above by the present owner
Auction result misses estimated price range
When the work M.E.D.I.T., 1994 by Ernesto Neto was auctioned at Sothebys in New York in September 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 3,000.00 – 5,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 2,125.00 (€ 1,828.43). Of course, this price has nothing to do with the top prices that other works by Ernesto Neto achieve. The highest price we have observed so far was reached by the work Untitled in November 2014 with an auction result of USD 75,000.00 (€ 60,299.08).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit M.E.D.I.T., 1994 von Ernesto Neto im September 2018 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 3.000,00 – 5.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 2.125,00 (€ 1.828,43) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ernesto Neto erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled im November 2014 mit einem Auktionsergebnis von USD 75.000,00 (€ 60.299,08).
Ernesto Neto - Auction history
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