Luis Martínez-Pedro

Figura

Found at Sothebys, New York
Latin American Art, Lot 121
29. May - 29. May 2013
Estimate: 15.000 - 20.000 USD
Price realised: 13.750 USD
Luis Martínez-Pedro(1910-1990)
FIGURA
signed and dated Abril 48 lower right
gouache and watercolor on Kraft paper
29 by 23 1/2 in.
73.7 by 59.7 cm
Elite Fine Art, Miami | Private Collection, Panamá

Auction result misses estimated price range

This work of art by Luis Martínez-Pedro could be acquired at Sothebys in New York in May 2013 for an unexpectedly low price. In the Latin American Art auction, the work Figura changed hands for USD 13,750.00 (€ 10,586.70) - missing the lower end of the estimate range of USD 15,000.00 – 20,000.00. 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

Dieses Kunstwerk von Luis Martínez-Pedro konnte im Mai 2013 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Latin American Art wechselte die Arbeit Figura für USD 13.750,00 (€ 10.586,70) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 15.000,00 – 20.000,00. 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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