Luis Martínez-Pedro

Sin título

Found at Sothebys, New York
Contemporary Art, Lot 504
24. Sep - 4. Oct 2021
Estimate: 18.000 - 22.000 USD
Price realised: 16.380 USD
Luis Martínez Pedro
1910 - 1990
Sin título
signed
oil on board
Board: 21¼ by 25½ in. (54 by 64.8 cm.)
Framed: 21½ by 25¾ in. (54.6 by 65.4 cm.)
Executed circa 1950.
Sarracino Gallery, Coral Gables | Acquired from the above by the present owner

Auction result misses estimated price range

This work of art by Luis Martínez-Pedro could be acquired at Sothebys in New York in October 2021 for an unexpectedly low price. In the Contemporary Art auction, the work Sin título changed hands for USD 16,380.00 (€ 14,179.36) - missing the lower end of the estimate range of USD 18,000.00 – 22,000.00. 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 Oktober 2021 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Contemporary Art wechselte die Arbeit Sin título für USD 16.380,00 (€ 14.179,36) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 18.000,00 – 22.000,00. 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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