Miguel Covarrubias
Baile yucateca
Estimate: 80.000 - 120.000 USD
Price realised: 214.200 USD
Price realised: 214.200 USD
Description
The Vanguard Spirit: Modern and Surrealist Masterworks From an Important Estate
Miguel Covarrubias
1904 - 1957
Baile yucateca
signed Covarrubias (lower left)
oil on panel
23¾ by 20¼ in.
60.3 by 51.4 cm.
Executed circa 1940.
Central Art Gallery, Mexico City | Acquired from the above by the present owner
Miguel Covarrubias
1904 - 1957
Baile yucateca
signed Covarrubias (lower left)
oil on panel
23¾ by 20¼ in.
60.3 by 51.4 cm.
Executed circa 1940.
Central Art Gallery, Mexico City | Acquired from the above by the present owner
Upper estimate price exceeded by 79 %.
This artwork by Miguel Covarrubias achieved an unexpectedly high price at Sothebys in New York in May last year. In the Modern Day Auction auction, the work Baile yucateca sold for USD 214,200.00 (€ 199,608.61) - well above the upper estimate of USD 120,000.00. Admittedly, works by Miguel Covarrubias have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work In Preparation Of A Balinese Ceremony in October 2014 with an auction result of HKD 8,440,000.00 (€ 868,922.59).
Oberer Schätzpreis um 79 % übertroffen
Dieses Kunstwerk von Miguel Covarrubias erzielte im Mai letzten Jahres bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Modern Day Auction wurde die Arbeit Baile yucateca für USD 214.200,00 (€ 199.608,61) versteigert – und damit weit über dem oberen Schätzpreis von USD 120.000,00. Freilich wurden Arbeiten von Miguel Covarrubias auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit In Preparation Of A Balinese Ceremony im Oktober 2014 mit einem Auktionsergebnis von HKD 8.440.000,00 (€ 868.922,59).
Miguel Covarrubias - Auction history
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