Gustavo Vélez
Percorso
Found at
Sothebys,
New York
Latin America: Modern Art | Latin America: Contemporary Art, Lot 192
23. Nov - 23. Nov 2016
Latin America: Modern Art | Latin America: Contemporary Art, Lot 192
23. Nov - 23. Nov 2016
Estimate: 10.000 - 15.000 USD
Price realised: 12.500 USD
Price realised: 12.500 USD
Description
Gustavo Vélez (B. 1975)
PERCORSO
inscribed with artist signature and dated 2015; also numbered 1/3
steel
20 3/4 by 20 by 9 1/2 in.
53 by 51 by 24 cm
Acquired from the artist by the present owner
PERCORSO
inscribed with artist signature and dated 2015; also numbered 1/3
steel
20 3/4 by 20 by 9 1/2 in.
53 by 51 by 24 cm
Acquired from the artist by the present owner
Auction result well in line with expectations
The work Percorso by Gustavo Vélez was auctioned at Sothebys in New York in November 2016. The price achieved of USD 12,500.00 (€ 11,816.98) was within expectations - the estimate range had previously been set by the auction house as USD 10,000.00 – 15,000.00. However, buyers have had to dig much deeper into their pockets for other works by Gustavo Vélez - we have observed the highest auction result to date for the work Visions, which sold at auction in May 2015 for USD 40,000.00 (€ 36,383.48).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Percorso von Gustavo Vélez kam im November 2016 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 12.500,00 (€ 11.816,98) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 10.000,00 – 15.000,00 angegeben worden. Für andere Arbeiten von Gustavo Vélez mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Visions beobachtet, die im Mai 2015 für USD 40.000,00 (€ 36.383,48) versteigert wurde.
Gustavo Vélez - Auction history
Other artists in this auction
