Julio Galán

Boy with Tie

Found at Christies, New York (Online Auction)
Latin American Art Online, Lot 33
22. Sep - 5. Oct 2023
Estimate: 8.000 - 12.000 USD
Price realised: 40.320 USD
JULIO GALÁN (1958-2006) Boy with Tie signed and dated 'Julio Galán, 86' (lower right) and inscribed 'salvame' (upper right) pastel on paper 29 1 ⁄ 2 x 21 5 ⁄ 8 in. (74.9 x 54.9 cm.) Executed in 1986.

Artwork auctioned at three times the upper estimate price

When the work Boy with Tie by Julio Galán was auctioned at Christies in New York in October this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 12,000.00 but the actual price achieved was more than three times as high at USD 40,320.00 (€ 38,152.91). Admittedly, works by Julio Galán have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Silenzio in September last year with an auction result of USD 201,600.00 (€ 206,071.76).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Boy with Tie von Julio Galán im Oktober diesen Jahres bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 12.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 40.320,00 (€ 38.152,91) mehr als dreimal so hoch. Freilich wurden Arbeiten von Julio Galán auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Silenzio im September letzten Jahres mit einem Auktionsergebnis von USD 201.600,00 (€ 206.071,76).

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