Julio Romero De Torres - The slave

Julio Romero De Torres

The slave

Found at Christies, London
British & European Art: European Art, Lot 224
11.Jul - 11.Jul.2019
Estimate: XX.XXX
Price realised: XX.XXX
signed ‘JULIO ROMERO/DE TORRES (lower right); and further signed and inscribed ‘JULIO ROMERO/DE TORRES/PINTADO AL ÓLEO Y AL TEMPLE.’ (on the reverse)
oil and tempera on canvas
33 x 24 ½ in. (83.8 x 62.2 cm.)
Painted circa 1925-1929.
Acquired directly from the artist by Arturo Uriarte y Piñiero, Buenos Aires, 1930. | Bequeathed by the above to the Museo Nacional de Bellas Artes, Buenos Aires, 1941. | Returned to the descendants of the Uriarte y Piñiero family, 1991. | Thence by descent to the present owner.

Artwork auctioned at nine times the upper estimate price

When the work The slave by Julio Romero de Torres was auctioned at Christies in London in July 2019, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 30,000.00 but the actual price achieved was more than nine times as high at GBP 299,250.00 (€ 328,556.60). However, buyers have had to dig much deeper into their pockets for other works by Julio Romero de Torres - we have observed the highest auction result to date for the work Fuensanta, which sold at auction in November 2007 for GBP 826,900.00 (€ 1,157,873.93).

Kunstwerk zum Neunfachen des oberen Schätzpreises versteigert

Als die Arbeit The slave von Julio Romero de Torres im Juli 2019 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 30.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 299.250,00 (€ 328.556,60) mehr als neunmal so hoch. Für andere Arbeiten von Julio Romero de Torres mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Fuensanta beobachtet, die im November 2007 für GBP 826.900,00 (€ 1.157.873,93) versteigert wurde.

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