Francisco Matto

Composición

Found at Christies, New York
Latin American Art, Lot 24
30. Sep - 30. Sep 2022
Estimate: 40.000 - 60.000 USD
Price realised: 42.840 USD
Francisco Matto (1911-1995)
Composición
signed and dated 'Matto, 1958' (upper right)
oil on board
39 3/4 x 34 in. (101 x 86 cm.)
Painted in 1958.

Auction result well in line with expectations

The work Composición by Francisco Matto was sold in the Latin American Art auction at Christies in New York in September last year. The estimated price for the artwork was previously given by the auction house with a range of USD 40,000.00 – 60,000.00, the actual price achieved of USD 42,840.00 (€ 43,790.25) could thus just exceed the lower estimate. Other works by Francisco Matto have already achieved higher auction prices, for example, in May 2015 the work Constructivo en rojo y azul was auctioned for USD 56,250.00 (€ 51,164.27).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Composición von Francisco Matto wurde im September letzten Jahres in der Auktion Latin American Art bei Christies in New York versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 40.000,00 – 60.000,00 angegeben, der tatsächlich erzielte Preis von USD 42.840,00 (€ 43.790,25) konnte den unteren Schätzpreis somit knapp übertreffen. Andere Arbeiten von Francisco Matto konnten bereits höhere Auktionspreise erzielen, so wurde im Mai 2015 die Arbeit Constructivo en rojo y azul für USD 56.250,00 (€ 51.164,27) versteigert.

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