Francis Picabia

Victoire française

Found at Christies, New York
Impressionist & Modern Works on Paper Sale, Lot 516
11. Nov - 11. Nov 2023
Estimate: 40.000 - 60.000 USD
Price realised: 94.500 USD
FRANCIS PICABIA (1879-1953)
Victoire française
signed and dated 'Francis Picabia 31 décembre 1940' (lower left)
watercolor, charcoal and pencil with white heightening on paper laid down on card
16 3⁄8 x 12 ¼ in. (41.4 x 31.6 cm.)
Executed on 31 December 1940

Upper estimate price exceeded by 58 %.

In November this year Christies in New York held the auction Impressionist & Modern Works on Paper Sale, which included the work Victoire française by Francis Picabia. The »bidding war« ended at USD 94,500.00 (€ 86,633.66), 58% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Francis Picabia achieve. The highest price we have observed so far was reached by the work Pavonia in March last year with an auction result of EUR 9,996,700.00.

Oberer Schätzpreis um 58 % übertroffen

Im November diesen Jahres führte Christies in New York die Auktion Impressionist & Modern Works on Paper Sale durch, in der auch die Arbeit Victoire française von Francis Picabia zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 94.500,00 (€ 86.633,66) und damit 58% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Francis Picabia erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Pavonia im März letzten Jahres mit einem Auktionsergebnis von EUR 9.996.700,00.

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