Luis Cruz Azaceta

Waiting

Found at Phillips, New York
LATIN AMERICA, Lot 190
29. Sep - 29. Sep 2010
Estimate: 5.000 - 7.000 USD
Price realised: 6.000 USD
1997
Acrylic, nails and shellac on paper.
19 1/4 x 16 1/4 in. (48.9 x 41.3 cm).
Signed “Azaceta” lower right corner; signed and dated “Azaceta 1997” on the reverse.
Fredric Snitzer Gallery, Miami; Private Collection, Miami

Auction result well in line with expectations

In September 2010 Phillips in New York held the auction LATIN AMERICA, which included the work Waiting by Luis Cruz Azaceta. The price achieved of USD 6,000.00 (€ 4,411.44) was within expectations - the estimate range had previously been set by the auction house as USD 5,000.00 – 7,000.00. Admittedly, works by Luis Cruz Azaceta have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Rafter: Hell Act I in November 2010 with an auction result of USD 23,750.00 (€ 18,218.78).

Auktionsergebnis im Rahmen der Erwartungen

Im September 2010 führte Phillips in New York die Auktion LATIN AMERICA durch, in der auch die Arbeit Waiting von Luis Cruz Azaceta zur Versteigerung kam. Der dabei erzielte Preis von USD 6.000,00 (€ 4.411,44) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 5.000,00 – 7.000,00 angegeben worden. Freilich wurden Arbeiten von Luis Cruz Azaceta auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Rafter: Hell Act I im November 2010 mit einem Auktionsergebnis von USD 23.750,00 (€ 18.218,78).

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