Jacobo Borges

Untitled

Found at Sothebys, New York
Latin American Art Modern & Contemporary, Lot 104
29. May - 29. May 2014
Estimate: 20.000 - 25.000 USD
Price realised: 16.250 USD
Jacobo Borges(b.1931)
UNTITLED
signed lower left
oil on canvas
32 by 39 1/8 in.
81.3 by 99.3 cm
Acquired from the artist | Private Collection, Tampa

Auction result misses estimated price range

When this work without title by Jacobo Borges was auctioned at Sothebys in New York in May 2014, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 20,000.00 – 25,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 16,250.00 (€ 11,913.49). However, buyers have had to dig much deeper into their pockets for other works by Jacobo Borges - we have observed the highest auction result to date for the work Esperando A... (Waiting For...), which sold at auction in November 2013 for USD 56,250.00 (€ 41,342.05).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als diese Arbeit ohne Titel von Jacobo Borges im Mai 2014 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 20.000,00 – 25.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 16.250,00 (€ 11.913,49) den Besitzer. Für andere Arbeiten von Jacobo Borges mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Esperando A... (Waiting For...) beobachtet, die im November 2013 für USD 56.250,00 (€ 41.342,05) versteigert wurde.

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