Mabel Alvarez
Woman With Parasol
Found at
Sothebys,
New York
American Art, Including the Collection of George S. Parker II from the Caxambas Foundation, Lot 119
20. Oct - 20. Oct 2016
American Art, Including the Collection of George S. Parker II from the Caxambas Foundation, Lot 119
20. Oct - 20. Oct 2016
Estimate: 10.000 - 15.000 USD
Price realised: 7.500 USD
Price realised: 7.500 USD
Description
Mabel Alvarez
1891 - 1985
WOMAN WITH PARASOL
signed Alvarez (lower left); titled "Woman with Parasol" (on the stretcher)
oil on canvas
24 by 20 inches
(61 by 50.8 cm)
Adamson-Duvannes Galleries, Los Angeles | Acquired from the above by the present owner
1891 - 1985
WOMAN WITH PARASOL
signed Alvarez (lower left); titled "Woman with Parasol" (on the stretcher)
oil on canvas
24 by 20 inches
(61 by 50.8 cm)
Adamson-Duvannes Galleries, Los Angeles | Acquired from the above by the present owner
Auction result misses estimated price range
When the work Woman With Parasol by Mabel Alvarez was auctioned at Sothebys in New York in October 2016, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 10,000.00 – 15,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 7,500.00 (€ 6,841.82). However, buyers have had to dig much deeper into their pockets for other works by Mabel Alvarez - we have observed the highest auction result to date for the work The Marketplace, which sold at auction in October 2000 for USD 17,625.00 (€ 20,769.50).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Woman With Parasol von Mabel Alvarez im Oktober 2016 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 10.000,00 – 15.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 7.500,00 (€ 6.841,82) den Besitzer. Für andere Arbeiten von Mabel Alvarez mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Marketplace beobachtet, die im Oktober 2000 für USD 17.625,00 (€ 20.769,50) versteigert wurde.
Mabel Alvarez - Auction history
Other artists in this auction
