Francisco Toledo
El elefante
Found at
Christies,
New York
Latin American Art, Lot 39
20.Nov - 21.Nov.2019
Latin American Art, Lot 39
20.Nov - 21.Nov.2019
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
indistinctly signed, titled and inscribed 'Toledo N.Y. Elefante' (on the reverse)
oil and sand on canvas
48 x 60 in. (121.9 x 152.4 cm.)
Painted in 1978.
Martha Jackson Gallery, New York. | Grupo Industrial Alfa Collection, Monterrey. | Mary-Anne Martin Fine Art, New York. | Property of a Private Collector, Texas sale, Sotheby's, New York, 19 May 1987, lot 46. | Acquired from the above by William Louis-Dreyfus. | Gift from the above to the William Louis-Dreyfus Foundation in 2016.
oil and sand on canvas
48 x 60 in. (121.9 x 152.4 cm.)
Painted in 1978.
Martha Jackson Gallery, New York. | Grupo Industrial Alfa Collection, Monterrey. | Mary-Anne Martin Fine Art, New York. | Property of a Private Collector, Texas sale, Sotheby's, New York, 19 May 1987, lot 46. | Acquired from the above by William Louis-Dreyfus. | Gift from the above to the William Louis-Dreyfus Foundation in 2016.
Auction result misses estimated price range
When the work El elefante by Francisco Toledo was auctioned at Christies in New York in November 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 800,000.00 – 1,200,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 615,000.00 (€ 558,126.87). Other works by Francisco Toledo have also sold for higher prices; the highest price we have seen at auction so far was achieved in November 2019 by the work A Meu Xubi at USD 1,040,000.00 (€ 943,824.30).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit El elefante von Francisco Toledo im November 2019 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 800.000,00 – 1.200.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 615.000,00 (€ 558.126,87) den Besitzer. Andere Arbeiten von Francisco Toledo wurden auch schon teurer gehandelt; den höchsten Preis, den wir bisher bei Auktionen beobachten konnten, erzielte im November 2019 die Arbeit A Meu Xubi mit USD 1.040.000,00 (€ 943.824,30).
Francisco Toledo - Auction history
Other artists in this auction
