Emiliano Di Cavalcanti

Favela

Found at Christies, New York
Latin American Art, Lot 179
22.Mai - 23.Mai.2019
Estimate: 30.000 - 40.000 USD
Price realised: 30.000 USD
signed ‘E di Cavalcanti’ (lower right)
oil on canvas
16 x 13 in. (40.5 x 33 cm.)
Painted circa 1940s-50s.
Private collection, Rio de Janeiro and Bordeaux. | By descent from the above to the present owner. 

Sold at the lower estimate price

The work Favela by Emiliano di Cavalcanti was auctioned at Christies in New York in May 2019. The result of USD 30,000.00 (€ 26,908.24) was exactly at the lower end of the estimate range of USD 30,000.00 – 40,000.00. Of course, this price has nothing to do with the top prices that other works by Emiliano di Cavalcanti achieve. The highest price we have observed so far was reached by the work Reclining Nude With Fish And Fruit in November 2017 with an auction result of USD 1,575,000.00 (€ 1,323,751.89).

Zuschlag beim unteren Schätzpreis

Die Arbeit Favela von Emiliano di Cavalcanti kam im Mai 2019 bei Christies in New York zur Auktion. Das dabei erzielte Ergebnis von USD 30.000,00 (€ 26.908,24) entsprach exakt dem unteren Ende der Schätzpreisspanne von USD 30.000,00 – 40.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Emiliano di Cavalcanti erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Reclining Nude With Fish And Fruit im November 2017 mit einem Auktionsergebnis von USD 1.575.000,00 (€ 1.323.751,89).

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