Gustavo Montoya
Market
Estimate: 12.000 - 18.000 USD
Price realised: 15.000 USD
Price realised: 15.000 USD
Description
signed 'Gustavo Montoya' (lower right)
oil on canvas
23 ½ x 31 ½ in. (59.7 x 80 cm.)
Bernard and Edith Lewin collection, Palm Springs, California. | By descent from the above to the present owner.
oil on canvas
23 ½ x 31 ½ in. (59.7 x 80 cm.)
Bernard and Edith Lewin collection, Palm Springs, California. | By descent from the above to the present owner.
Auction result well in line with expectations
The work Market by Gustavo Montoya was sold in the Latin American Art auction at Christies in New York in November 2016. The price achieved of USD 15,000.00 (€ 14,180.37) was within expectations - the estimate range had previously been set by the auction house as USD 12,000.00 – 18,000.00. However, buyers have had to dig much deeper into their pockets for other works by Gustavo Montoya - we have observed the highest auction result to date for the work Gustavo Montoya (1905-2003), which sold at auction in May 2018 for USD 43,750.00 (€ 37,489.29).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Market von Gustavo Montoya wurde im November 2016 in der Auktion Latin American Art bei Christies in New York versteigert. Der dabei erzielte Preis von USD 15.000,00 (€ 14.180,37) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 12.000,00 – 18.000,00 angegeben worden. Für andere Arbeiten von Gustavo Montoya mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Gustavo Montoya (1905-2003) beobachtet, die im Mai 2018 für USD 43.750,00 (€ 37.489,29) versteigert wurde.
Gustavo Montoya - Auction history
Other artists in this auction
