Francisco Matto

Untitled

Found at Christies, New York
Latin American Sale, Lot 228
26. May - 27. May 2010
Estimate: 20.000 - 25.000 USD
Price realised: 23.750 USD
Francisco Matto (Uruguayan 1911-1995)
Untitled
signed 'MATTO' (upper left) and dated '87' (upper right)
oil on canvas
21 5/8 x 17 7/8 in. (55 x 40 cm.)
Painted in 1987.

Auction result well in line with expectations

In May 2010 Christies in New York held the auction Latin American Sale, which included this untitled work by Francisco Matto. It changed hands for a price of USD 23,750.00 (€ 19,201.23) achieving a result in the upper range of the estimate price range of USD 20,000.00 – 25,000.00. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2010 führte Christies in New York die Auktion Latin American Sale durch, in der auch diese Arbeit ohne Titel von Francisco Matto zur Versteigerung kam. Dabei wechselte sie für einen Preis von USD 23.750,00 (€ 19.201,23) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von USD 20.000,00 – 25.000,00. 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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