Manuel Rivera - Untitled [3 Works]

Manuel Rivera

Untitled [3 Works]

Found at Sothebys, Paris
Daniel Cordier, Collection privée, Lot 249
5. May - 5. May 2021
Estimate: 1.000 - 1.500 EUR
Price realised: 6.048 EUR
Description
Manuel Rivera
1927 - 1995
Untitled [3 works]
ii, iii: signed
i,ii,iii: ink and watercolour on paper
i,ii,iii: 62 x 44.5 cm; 24 7/16 x 17½in.
__________________________________________________________________________
Manuel Rivera
1927 - 1995 Untitled [3 works]
Daniel Cordier Collection
en de

Artwork auctioned at four times the upper estimate price

When the work Untitled 3 Works by Manuel Rivera was auctioned at Sothebys in Paris in May 2021, the result exceeded expectations many times over. The upper estimate was set at - in retrospect quite modest - EUR 1,500.00 but the actual price achieved was more than four times as high at EUR 6,048.00. Of course, this price has nothing to do with the top prices that other works by Manuel Rivera achieve. The highest price we have observed so far was reached by the work Espeso para una catedral in February 2008 with an auction result of GBP 120,500.00 (€ 157,609.27).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Als die Arbeit Untitled 3 Works von Manuel Rivera im Mai 2021 bei Sothebys in Paris versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – EUR 1.500,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit EUR 6.048,00 mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Manuel Rivera erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Espeso para una catedral im Februar 2008 mit einem Auktionsergebnis von GBP 120.500,00 (€ 157.609,27).

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Maris Mellur - Contemplative Power of Reduction

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