Gustavo Novoa
The One
Estimate: 10.000 - 15.000 USD
Price realised: 11.250 USD
Price realised: 11.250 USD
Description
Gustavo Novoa(B. 1941)
THE ONE
signed lower right; also signed, titled and dated (2005) on the reverse
oil on canvas
40 by 40 in.
101.6 by 101.6 cm
Acquired from the artist by the present owner
THE ONE
signed lower right; also signed, titled and dated (2005) on the reverse
oil on canvas
40 by 40 in.
101.6 by 101.6 cm
Acquired from the artist by the present owner
Auction result well in line with expectations
In May 2011 Sothebys in New York held the auction Latin American Art, which included the work The One by Gustavo Novoa. The estimated price for the artwork was previously given by the auction house with a range of USD 10,000.00 – 15,000.00, the actual price achieved of USD 11,250.00 (€ 7,825.54) could thus just exceed the lower estimate. Other works by Gustavo Novoa have already achieved higher auction prices, for example, in May 2008 the work Virtual Zebras I was auctioned for USD 14,375.00 (€ 9,238.43).
Auktionsergebnis im Rahmen der Erwartungen
Im Mai 2011 führte Sothebys in New York die Auktion Latin American Art durch, in der auch die Arbeit The One von Gustavo Novoa zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 10.000,00 – 15.000,00 angegeben, der tatsächlich erzielte Preis von USD 11.250,00 (€ 7.825,54) konnte den unteren Schätzpreis somit knapp übertreffen. Andere Arbeiten von Gustavo Novoa konnten bereits höhere Auktionspreise erzielen, so wurde im Mai 2008 die Arbeit Virtual Zebras I für USD 14.375,00 (€ 9.238,43) versteigert.
Gustavo Novoa - Auction history
Other artists in this auction
