Michael Lucero
Frieze I
Estimate: 8.000 - 12.000 USD
Price realised: 1.375 USD
Price realised: 1.375 USD
Description
dated '1984' (lower right of the first element); signed 'Michael Lucero' (on the reverse of several elements)
glazed ceramic tiles, in twenty parts
each: 15 x 15 in. (38.1 x 38.1 cm.)
Executed circa 1990s.
Charles Cowles Gallery, New York | Acquired from the above by the present owner, 1989
glazed ceramic tiles, in twenty parts
each: 15 x 15 in. (38.1 x 38.1 cm.)
Executed circa 1990s.
Charles Cowles Gallery, New York | Acquired from the above by the present owner, 1989
Auction result misses estimated price range
When the work Frieze I by Michael Lucero was auctioned at Christies in New York in February 2020, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 8,000.00 – 12,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,375.00 (€ 1,247.17). However, buyers have had to dig much deeper into their pockets for other works by Michael Lucero - we have observed the highest auction result to date for the work Untitled (Reclamation Series), which sold at auction in November 2016 for USD 5,000.00 (€ 4,726.79).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Frieze I von Michael Lucero im Februar 2020 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 8.000,00 – 12.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.375,00 (€ 1.247,17) den Besitzer. Für andere Arbeiten von Michael Lucero mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Untitled (Reclamation Series) beobachtet, die im November 2016 für USD 5.000,00 (€ 4.726,79) versteigert wurde.
Michael Lucero - Auction history
Other artists in this auction
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