- Art.Salon
- Artists
- Olga Costa
- Maderas (Figuras Coloniales)
Olga Costa
Maderas (Figuras Coloniales)
Found at
Sothebys,
New York
Latin American Art, Lot 115
19. Nov - 19. Nov 2008
Latin American Art, Lot 115
19. Nov - 19. Nov 2008
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Olga Costa(1913-1994)
MADERAS (FIGURAS COLONIALES)
oil on canvas
signed and dated 50 upper right
18 by 38 1/8 in.
(45.7 by 96.7 cm)
Museo Nacional de Artes Plásticas, Mexico City | Private Collection, Mexico City | Sale: Sotheby's, New York, Latin American Art, Part II, November 22, 1995, lot 217, illustrated in color | Mary-Anne Martin Fine Art, New York | Acquired from the above by the present owner
MADERAS (FIGURAS COLONIALES)
oil on canvas
signed and dated 50 upper right
18 by 38 1/8 in.
(45.7 by 96.7 cm)
Museo Nacional de Artes Plásticas, Mexico City | Private Collection, Mexico City | Sale: Sotheby's, New York, Latin American Art, Part II, November 22, 1995, lot 217, illustrated in color | Mary-Anne Martin Fine Art, New York | Acquired from the above by the present owner
Auction result misses estimated price range
When the work Maderas (Figuras Coloniales) by Olga Costa was auctioned at Sothebys in New York in November 2008, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 35,000.00 – 45,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 34,375.00 (€ 27,079.72). However, buyers have had to dig much deeper into their pockets for other works by Olga Costa - we have observed the highest auction result to date for the work Juchiteca con sandía, which sold at auction in November 2017 for USD 100,000.00 (€ 84,047.74).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Maderas (Figuras Coloniales) von Olga Costa im November 2008 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 35.000,00 – 45.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 34.375,00 (€ 27.079,72) den Besitzer. Für andere Arbeiten von Olga Costa mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Juchiteca con sandía beobachtet, die im November 2017 für USD 100.000,00 (€ 84.047,74) versteigert wurde.