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Iran do Espírito Santo - CRTN XXIV

Iran do Espírito Santo

CRTN XXIV

Found at Phillips, New York Auction
Evening & Day Editions, Lot 376
25. Oct - 25. Oct 2019
Estimate: XX.XXX
Price realised: XX.XXX
2004
Permanent marker drawing on wove paper.
11 x 14 in. (27.9 x 35.6 cm)
Signed, dated and titled in pencil on the reverse, framed.
Sean Kelly Gallery, New York

Auction result well in line with expectations

The work CRTN XXIV by Iran do Espírito Santo was auctioned at Phillips in New York in October 2019. The price achieved of USD 3,000.00 (€ 2,689.38) was within expectations - the estimate range had previously been set by the auction house as USD 2,500.00 – 3,500.00. Of course, this price has nothing to do with the top prices that other works by Iran do Espírito Santo achieve. The highest price we have observed so far was reached by the work Buraco de fechadura (Keyhole) in May 2016 with an auction result of USD 56,250.00 (€ 50,516.39).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit CRTN XXIV von Iran do Espírito Santo kam im Oktober 2019 bei Phillips in New York zur Auktion. Der dabei erzielte Preis von USD 3.000,00 (€ 2.689,38) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 2.500,00 – 3.500,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Iran do Espírito Santo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Buraco de fechadura (Keyhole) im Mai 2016 mit einem Auktionsergebnis von USD 56.250,00 (€ 50.516,39).

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