Terence Cuneo

Racing Cars

Found at Bonhams, Los Angeles
Modern British and Irish Art, Lot 135
12. Jul - 12. Jul 2023
Estimate: 15.000 - 20.000 GBP
Price realised: 25.600 GBP
Terence Cuneo (British, 1907-1996)
Racing Cars
signed and dated '-CUNEO-/SEPT 1950' (lower left)
oil on canvas
48.5 x 58cm (19 1/8 x 22 13/16in).
Sale; Bonhams, Goodwood, 6 September 2002, lot 42, where acquired by the present owner | Private Collection, U.K.

Upper estimate price exceeded by 28 %.

In July this year Bonhams in Los Angeles held the auction Modern British and Irish Art, which included the work Racing Cars by Terence Cuneo. The »bidding war« ended at GBP 25,600.00 (€ 29,867.44), 28% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Terence Cuneo - we have observed the highest auction result to date for the work The Lickey Incline, which sold at auction in May 2005 for GBP 69,600.00 (€ 102,751.45).

Oberer Schätzpreis um 28 % übertroffen

Im Juli diesen Jahres führte Bonhams in Los Angeles die Auktion Modern British and Irish Art durch, in der auch die Arbeit Racing Cars von Terence Cuneo zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 25.600,00 (€ 29.867,44) und damit 28% über dem oberen Schätzpreis. Für andere Arbeiten von Terence Cuneo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Lickey Incline beobachtet, die im Mai 2005 für GBP 69.600,00 (€ 102.751,45) versteigert wurde.

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