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Leo Villareal - Untitled

Leo Villareal

Untitled

Found at Sothebys, New York
The Collection of Douglas S. Cramer, Lot 70
9. Dec - 16. Dec 2021
Estimate: XX.XXX
Price realised: XX.XXX
Leo Villareal
b. 1967
Untitled
LEDs, custom software, electrical hardware, Plexiglas and wood
72 by 48 in.
182.9 by 121.9 cm.
Executed in 2007.
The artist | Gering & Lopez Gallery, New York | Acquired directly from the above by the present owner

Auction result misses estimated price range

In December 2021 a collector was able to acquire this work without title by Leo Villareal for USD 23,940.00 (€ 21,152.15). This price was achieved in the auction The Collection of Douglas S. Cramer at Sothebys in New York and was even below the estimate range of USD 30,000.00 – 40,000.00 set by the auction house. However, buyers have had to dig much deeper into their pockets for other works by Leo Villareal - we have observed the highest auction result to date for the work Cloud Drawing (Medium) 1, which sold at auction in November this year for USD 75,600.00 (€ 69,306.93).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Dezember 2021 konnte ein Sammler diese Arbeit ohne Titel von Leo Villareal für USD 23.940,00 (€ 21.152,15) erwerben. Dieser Preis wurde in der Auktion The Collection of Douglas S. Cramer bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 30.000,00 – 40.000,00. Für andere Arbeiten von Leo Villareal mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Cloud Drawing (Medium) 1 beobachtet, die im November diesen Jahres für USD 75.600,00 (€ 69.306,93) versteigert wurde.

Leo Villareal - Auction history

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