Mateo Cerezo

The Penitent Magdalene

Found at Sothebys, London
Old Master Paintings Day Sale, Lot 242
4. Dec - 4. Dec 2008
Estimate: 8.000 - 12.000 GBP
Price realised: 63.650 GBP
Mateo Cerezo
BURGOS BAPT 1637 - 1666 MADRID
THE PENITENT MAGDALENE
signed lower right: Mat<sup>eo </sup>f.<sup>c</sup>
oil on canvas
110 by 88.5 cm.; 43 1/4 by 34 7/8 in.

Artwork auctioned at five times the upper estimate price

When the work The Penitent Magdalene by Mateo Cerezo was auctioned at Sothebys in London in December 2008, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 12,000.00 but the actual price achieved was more than five times as high at GBP 63,650.00 (€ 66,851.02). Despite this good result, it is not the highest hammer price for an artwork by Mateo Cerezo; that achieved among the auctions we observed the lot The Immaculate Conception sold at auction in April 2015 with the realized price of GBP 93,750.00 (€ 128,740.37).

Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert

Als die Arbeit The Penitent Magdalene von Mateo Cerezo im Dezember 2008 bei Sothebys in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 12.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 63.650,00 (€ 66.851,02) mehr als fünfmal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Mateo Cerezo; den erzielte unter den von uns beobachteten Auktionen die Arbeit The Immaculate Conception im April 2015 mit dem Hammerpreis von GBP 93.750,00 (€ 128.740,37).

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