Luis Martínez-Pedro

Aguas Territoriales

Found at Sothebys, New York
Latin American Art, Lot 180
21. Nov - 21. Nov 2013
Estimate: 20.000 - 25.000 USD
Price realised: 18.750 USD
Luis Martínez-Pedro(1910-1990)
AGUAS TERRITORIALES
signed, titled, dated Abril 69 Habana, and inscribed 3a Etapa on the reverse
oil on canvas
18 1/2 by 24 1/4 in.
47 by 62 cm
Ambassador Pscolka, Czech Ambassador to Cuba (1964-1969) | Thence by descent to the present owner

Auction result misses estimated price range

In November 2013 a collector was able to acquire the work Aguas Territoriales by Luis Martínez-Pedro for USD 18,750.00 (€ 13,780.68). This price was achieved in the auction Latin American Art at Sothebys in New York and was even below the estimate range of USD 20,000.00 – 25,000.00 set by the auction house. However, buyers have had to dig much deeper into their pockets for other works by Luis Martínez-Pedro - we have observed the highest auction result to date for the work Composition No. 16, which sold at auction in November 2016 for USD 43,750.00 (€ 41,359.43).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im November 2013 konnte ein Sammler die Arbeit Aguas Territoriales von Luis Martínez-Pedro für USD 18.750,00 (€ 13.780,68) erwerben. Dieser Preis wurde in der Auktion Latin American Art bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 20.000,00 – 25.000,00. Für andere Arbeiten von Luis Martínez-Pedro mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Composition No. 16 beobachtet, die im November 2016 für USD 43.750,00 (€ 41.359,43) versteigert wurde.

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