Cundo Bermúdez

Saltimbanquis

Found at Phillips, New York Auction
Latin America, Lot 31
21. Nov - 21. Nov 2017
Estimate: 20.000 - 30.000 USD
Price realised: 12.500 USD
signed and dated "Cundo Bermudez 53" lower right
tempera on paper laid on canvas
14 5/8 x 34 7/8 in. (37.1 x 88.6 cm)
Painted in 1953.
Galería La Acacia, Havana | Pan American Gallery, Dallas | Private Collection, Massachusetts (acquired from the above) | Acquired from the above by the present owner

Auction result misses estimated price range

When the work Saltimbanquis by Cundo Bermúdez was auctioned at Phillips in New York in November 2017, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 20,000.00 – 30,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 12,500.00 (€ 10,505.97). Of course, this price has nothing to do with the top prices that other works by Cundo Bermúdez achieve. The highest price we have observed so far was reached by the work Mujer peinando a su amante in May last year with an auction result of USD 403,200.00 (€ 375,733.86).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Saltimbanquis von Cundo Bermúdez im November 2017 bei Phillips in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 20.000,00 – 30.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 12.500,00 (€ 10.505,97) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Cundo Bermúdez erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Mujer peinando a su amante im Mai letzten Jahres mit einem Auktionsergebnis von USD 403.200,00 (€ 375.733,86).

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