Francisco Matto
Cuatro Elementos
Found at
Sothebys,
New York
Property from the Estate of Bernard Chappard Online, Lot 7
18. May - 18. May 2018
Property from the Estate of Bernard Chappard Online, Lot 7
18. May - 18. May 2018
Estimate: 18.000 - 22.000 USD
Price realised: 27.500 USD
Price realised: 27.500 USD
Description
Francisco Matto (1911-1995)
CUATRO ELEMENTOS
signed upper left and dated "93" upper right;
painted wood construction
29 7/8 by 21 1/4 in.; 75.9 by 54 cm
Executed in 1993.
Acquired from the artist
CUATRO ELEMENTOS
signed upper left and dated "93" upper right;
painted wood construction
29 7/8 by 21 1/4 in.; 75.9 by 54 cm
Executed in 1993.
Acquired from the artist
Upper estimate price exceeded by 25 %.
In May 2018 Sothebys in New York held the auction Property from the Estate of Bernard Chappard Online, which included the work Cuatro Elementos by Francisco Matto. The »bidding war« ended at USD 27,500.00 (€ 23,564.70), 25% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Francisco Matto - we have observed the highest auction result to date for the work Constructivo en rojo y azul, which sold at auction in May 2015 for USD 56,250.00 (€ 51,164.27).
Oberer Schätzpreis um 25 % übertroffen
Im Mai 2018 führte Sothebys in New York die Auktion Property from the Estate of Bernard Chappard Online durch, in der auch die Arbeit Cuatro Elementos von Francisco Matto zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 27.500,00 (€ 23.564,70) und damit 25% über dem oberen Schätzpreis. Für andere Arbeiten von Francisco Matto mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Constructivo en rojo y azul beobachtet, die im Mai 2015 für USD 56.250,00 (€ 51.164,27) versteigert wurde.