Beatriz Milhazes

Avenida Brasil (Brazil Avenue)

Found at Christies, London
20th Century Evening Sale, Lot 24
23. Mar - 23. Mar 2021
Estimate: 650.000 - 950.000 GBP
Price realised: 742.500 GBP
Beatriz Milhazes (B. 1960)
signed, titled and dated ‘B. Milhazes ‘“Avenida Brasil” 2003/2004’ (on the reverse)
acrylic on canvas
117 ¾ x 156in. (299.1 x 396.2cm.)
Executed in 2003-2004
Galeria Fortes Vilaça, São Paulo. | The David Teiger Collection, New Jersey (acquired from the above in 2004). | Their sale, Sotheby’s New York, 14 November 2018, lot 11T. | Acquired at the above sale by the present owner.

Auction result well in line with expectations

The work Avenida Brasil (Brazil Avenue) by Beatriz Milhazes was auctioned at Christies in London in March 2021. The price achieved of GBP 742,500.00 (€ 872,246.23) was within expectations - the estimate range had previously been set by the auction house as GBP 650,000.00 – 950,000.00. Other works by Beatriz Milhazes have already achieved higher auction prices, for example, in November 2012 the work Meu Limão was auctioned for USD 2,098,500.00 (€ 1,612,990.01).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Avenida Brasil (Brazil Avenue) von Beatriz Milhazes kam im März 2021 bei Christies in London zur Auktion. Der dabei erzielte Preis von GBP 742.500,00 (€ 872.246,23) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 650.000,00 – 950.000,00 angegeben worden. Andere Arbeiten von Beatriz Milhazes konnten bereits höhere Auktionspreise erzielen, so wurde im November 2012 die Arbeit Meu Limão für USD 2.098.500,00 (€ 1.612.990,01) versteigert.

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