Carlos Cruz-Diez

Physichromie no.1166

Found at Sothebys, Paris
Art Contemporain Evening Sale / Collection Passion…Passions, Lot 25
26. Nov - 2. Dec 2021
Estimate: 180.000 - 250.000 EUR
Price realised: 226.800 EUR
Carlos Cruz-Diez
1923 - 2019
Physichromie no.1166
signed, titled and dated juin 1981 on the reverse
acrylic and metal elements on panel in an aluminum artist's frame
150 x 150 cm; 59 x 59 in.
Executed in June 1981.
_____________________________________________________________
Carlos Cruz-Diez 1923 - 2019
Galerie Denise René, Paris | Acquired from the above by the current owner | _____________________________________________________________ | Galerie Denise René, Paris | Acquis auprès de cette dernière par le propriétaire actuel

Auction result well in line with expectations

In December 2021 Sothebys in Paris held the auction Art Contemporain Evening Sale / Collection Passion…Passions, which included the work Physichromie no.1166 by Carlos Cruz-Diez. The price achieved of EUR 226,800.00 was within expectations - the estimate range had previously been set by the auction house as EUR 180,000.00 – 250,000.00. However, buyers have had to dig much deeper into their pockets for other works by Carlos Cruz-Diez - we have observed the highest auction result to date for the work Physichromie Panam, which sold at auction in November 2018 for USD 879,000.00 (€ 776,296.03).

Auktionsergebnis im Rahmen der Erwartungen

Im Dezember 2021 führte Sothebys in Paris die Auktion Art Contemporain Evening Sale / Collection Passion…Passions durch, in der auch die Arbeit Physichromie no.1166 von Carlos Cruz-Diez zur Versteigerung kam. Der dabei erzielte Preis von EUR 226.800,00 lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit EUR 180.000,00 – 250.000,00 angegeben worden. Für andere Arbeiten von Carlos Cruz-Diez mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Physichromie Panam beobachtet, die im November 2018 für USD 879.000,00 (€ 776.296,03) versteigert wurde.

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