Mabel Alvarez

Seated Woman in Red

Found at Bonhams
California Art, Lot 110
25. Apr - 25. Apr 2023
Estimate: 4.000 - 6.000 USD
Price realised: 4.080 USD
Mabel Alvarez (1891-1985)
Seated Woman in Red
signed 'Alvarez' (lower right)
oil on canvas
30 x 25 in.
framed 38 1/2 x 33 1/2 in.
Private collection, Minnesota, by family descent.

Auction result well in line with expectations

The work Seated Woman in Red by Mabel Alvarez was sold in the California Art auction at Bonhams in April this year. The estimated price for the artwork was previously given by the auction house with a range of USD 4,000.00 – 6,000.00, the actual price achieved of USD 4,080.00 (€ 3,695.65) could thus just exceed the lower estimate. Admittedly, works by Mabel Alvarez have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Marketplace in October 2000 with an auction result of USD 17,625.00 (€ 20,769.50).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Seated Woman in Red von Mabel Alvarez wurde im April diesen Jahres in der Auktion California Art bei Bonhams versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 4.000,00 – 6.000,00 angegeben, der tatsächlich erzielte Preis von USD 4.080,00 (€ 3.695,65) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Mabel Alvarez auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Marketplace im Oktober 2000 mit einem Auktionsergebnis von USD 17.625,00 (€ 20.769,50).

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