Pedro De Oraá

Untitled

Found at Bonhams, New York
Post-War & Contemporary Art, Lot 38
19. May - 19. May 2022
Estimate: 15.000 - 20.000 USD
Price realised: 28.050 USD
PEDRO DE ORAÁ (1931-2020)
Untitled
1959
signed and dated 1959
casein on canvas
25 7/8 by 21 1/2 in.
65.7 by 54.6 cm.
This work is accompanied by a certificate of authenticity signed by Pedro de Oraá, Havana, Cuba.
Acquired directly from the artist by the present owner

Upper estimate price exceeded by 40 %.

In May last year Bonhams in New York held the auction Post-War & Contemporary Art, which included this untitled work by Pedro de Oraá. The »bidding war« ended at USD 28,050.00 (€ 26,139.22), 40% above the upper estimate. Other works by Pedro de Oraá have achieved even higher prices, we observed the highest auction result so far of USD 46,250.00 (€ 41,972.96) in November 2019 for the work Concreta 6.

Oberer Schätzpreis um 40 % übertroffen

Im Mai letzten Jahres führte Bonhams in New York die Auktion Post-War & Contemporary Art durch, in der auch diese Arbeit ohne Titel von Pedro de Oraá zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 28.050,00 (€ 26.139,22) und damit 40% über dem oberen Schätzpreis. Andere Arbeiten von Pedro de Oraá haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von USD 46.250,00 (€ 41.972,96) im November 2019 für die Arbeit Concreta 6 beobachtet.

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