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Iran Do Espírito Santo - Grande Vela

Iran Do Espírito Santo

Grande Vela

Found at Sothebys, New York
Passion + Transmission: International Contemporary Art from the CAP Collection, Lot 55
7. Mar - 7. Mar 2013
Estimate: XX.XXX
Price realised: XX.XXX
Iran Do Espírito Santo
B.1963
GRANDE VELA
incised with the artist's initials, date 99, and numbered 1/3 on the underside
aluminum on aluminum base
Overall: 87 by 11 1/2 by 11 1/2 in. 221 by 29.2 by 29.2 cm.
Executed in 1999, this work is number 1 from an edition of 3.
Galeria Camargo Vilaça, São Paulo | Acquired by the present owner from the above

Upper estimate price exceeded by more than 100%

This artwork by Iran do Espírito Santo achieved an unexpectedly high price at Sothebys in New York in March 2013. In the Passion + Transmission: International Contemporary Art from the CAP Collection auction, the work Grande Vela sold for USD 43,750.00 (€ 34,137.02) - well above the upper estimate of USD 20,000.00. Despite this good result, it is not the highest hammer price for an artwork by Iran do Espírito Santo; that achieved among the auctions we observed the lot Buraco de fechadura (Keyhole) sold at auction in May 2016 with the realized price of USD 56,250.00 (€ 50,516.39).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Iran do Espírito Santo erzielte im März 2013 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Passion + Transmission: International Contemporary Art from the CAP Collection wurde die Arbeit Grande Vela für USD 43.750,00 (€ 34.137,02) versteigert – und damit weit über dem oberen Schätzpreis von USD 20.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Iran do Espírito Santo; den erzielte unter den von uns beobachteten Auktionen die Arbeit Buraco de fechadura (Keyhole) im Mai 2016 mit dem Hammerpreis von USD 56.250,00 (€ 50.516,39).

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