Francisco Matto

Constructivo Petrus

Found at Sothebys, New York
Impressionist & Modern Art, Lot 127
5. Oct - 5. Oct 2020
Estimate: 10.000 - 15.000 USD
Price realised: 21.420 USD
PROPERTY FROM THE ESTATE OF BERNARD CHAPPARD
FRANCISCO MATTO
1911 - 1995
CONSTRUCTIVO PETRUS
Signed Matto (lower right); dated Enero 60 (lower left)
Oil on cardboard
32 3⁄4 by 21 1⁄4 in. (83.2 by 54 cm)
Framed: 42 by 30 1⁄2 in. (106.7 by 77.5 cm)
Painted in January 1960.
Sale: Gomensoro Remates, Montevideo, October 4, 1993, lot 79 | Acquired at the above sale

Upper estimate price exceeded by 43 %.

In October 2020 Sothebys in New York held the auction Impressionist & Modern Art, which included the work Constructivo Petrus by Francisco Matto. The »bidding war« ended at USD 21,420.00 (€ 18,391.00), 43% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Francisco Matto - we have observed the highest auction result to date for the work Constructivo en rojo y azul, which sold at auction in May 2015 for USD 56,250.00 (€ 51,164.27).

Oberer Schätzpreis um 43 % übertroffen

Im Oktober 2020 führte Sothebys in New York die Auktion Impressionist & Modern Art durch, in der auch die Arbeit Constructivo Petrus von Francisco Matto zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 21.420,00 (€ 18.391,00) und damit 43% über dem oberen Schätzpreis. Für andere Arbeiten von Francisco Matto mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Constructivo en rojo y azul beobachtet, die im Mai 2015 für USD 56.250,00 (€ 51.164,27) versteigert wurde.

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