Luis MartíNez-Pedro

Figura

Found at Sothebys, New York
Impressionist & Modern Art, Lot 43
5. Oct - 5. Oct 2020
Estimate: 7.000 - 9.000 USD
Price realised: 12.600 USD
MODERNITY IN THE TROPICS: IMPORTANT WORKS ON PAPER FROM THE COLLECTION OF WALLACE CAMPBELL
LUIS MARTÍNEZ-PEDRO
1910 - 1990
FIGURA
Signed L Martinez Pedro and dated 48 (lower right)
Gouache on paper
23 3⁄4 by 17 5⁄8 in. (60.3 by 44.8 cm)
Framed: 29 by 22 1⁄2 in. (73.7 by 57.2 cm)
Executed in 1948. We wish to thank Dr. Ramón Vázquez of the Fundación Arte Cubano for his kind assistance in confirming the authenticity of this work.
Private Collection, France (and sold: Sotheby's, New York, May 20, 1992, lot 115) | Acquired at the above sale

Upper estimate price exceeded by 40 %.

The work Figura by Luis Martínez-Pedro was sold in the Impressionist & Modern Art auction at Sothebys in New York in October 2020. It achieved a price of USD 12,600.00 (€ 10,818.24), exceeding the upper end of the estimate range by 40%. 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).

Oberer Schätzpreis um 40 % übertroffen

Die Arbeit Figura von Luis Martínez-Pedro wurde im Oktober 2020 in der Auktion Impressionist & Modern Art bei Sothebys in New York versteigert. Sie erzielte dabei einen Preis von USD 12.600,00 (€ 10.818,24) und übertraf damit das obere Ende der Schätzpreisspanne um 40%. 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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