Francisco Toledo
El Mago
Estimate: 400.000 - 600.000 USD
Price realised: 340.200 USD
Price realised: 340.200 USD
Description
The Vanguard Spirit: Modern and Surrealist Masterworks From an Important Estate
Francisco Toledo
b.1940
El Mago
signed tol and inscribed Juchitan (lower left)
oil on canvas
40⅞ by 103½ in.
103.8 by 263 cm.
Executed in 1970.
Private Collection, Mexico | Christie's Paris, 10 June 2004, lot 65 | Acquired from the above by the present owner
Francisco Toledo
b.1940
El Mago
signed tol and inscribed Juchitan (lower left)
oil on canvas
40⅞ by 103½ in.
103.8 by 263 cm.
Executed in 1970.
Private Collection, Mexico | Christie's Paris, 10 June 2004, lot 65 | Acquired from the above by the present owner
Auction result misses estimated price range
When the work El Mago by Francisco Toledo was auctioned at Sothebys in New York in May last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 400,000.00 – 600,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 340,200.00 (€ 317,025.44). However, buyers have had to dig much deeper into their pockets for other works by Francisco Toledo - we have observed the highest auction result to date for the work A Meu Xubi, which sold at auction in November 2019 for USD 1,040,000.00 (€ 943,824.30).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit El Mago von Francisco Toledo im Mai letzten Jahres 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 400.000,00 – 600.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 340.200,00 (€ 317.025,44) den Besitzer. Für andere Arbeiten von Francisco Toledo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit A Meu Xubi beobachtet, die im November 2019 für USD 1.040.000,00 (€ 943.824,30) versteigert wurde.
Francisco Toledo - Auction history
Other artists in this auction
![Hans Hofmann - The Hand (Red Painting) [The Blue Hand]](/images/hans-hofmann_the-hand-red-painting-the-blue-hand_AID711361_320x320.jpg)
![Willem de Kooning - Untitled [Four Works]](/images/willem-de-kooning_untitled-four-works_AID711286_320x320.jpg)
