Carlos Cruz-Diez

Physichromie 1708

Found at Sothebys, New York
Contemporary Curated, Lot 240
21. Sep - 30. Sep 2021
Estimate: 100.000 - 150.000 USD
Price realised: 119.700 USD
Carlos Cruz-Diez
1923 - 2019
Physichromie 1708
signed, titled and dated 2011 on the reverse
acrylic and plastic elements on aluminum
39⅜ by 39⅜ in. 100 by 100 cm.
This work is accompanied by a certificate of authenticity from the Cruz-Diez Foundation.
Galería Cayón, Madrid | Acquired from the above by the present owner in 2013

Auction result well in line with expectations

The work Physichromie 1708 by Carlos Cruz-Diez was auctioned at Sothebys in New York in September 2021. The price achieved of USD 119,700.00 (€ 103,394.66) was within expectations - the estimate range had previously been set by the auction house as USD 100,000.00 – 150,000.00. Admittedly, works by Carlos Cruz-Diez have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Physichromie Panam in November 2018 with an auction result of USD 879,000.00 (€ 776,296.03).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Physichromie 1708 von Carlos Cruz-Diez kam im September 2021 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 119.700,00 (€ 103.394,66) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 100.000,00 – 150.000,00 angegeben worden. Freilich wurden Arbeiten von Carlos Cruz-Diez auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Physichromie Panam im November 2018 mit einem Auktionsergebnis von USD 879.000,00 (€ 776.296,03).

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