Luis Cruz-Azaceta

Journey Xii

Found at Sothebys, New York
Latin American Art, Lot 198
20. Nov - 20. Nov 2012
Estimate: 10.000 - 15.000 USD
Price realised: 11.875 USD
Luis Cruz-Azaceta(b. 1942)
JOURNEY XII
signed lower left; also signed, titled twice, dated 1991 New York City, and numbered #87 on the reverse
oil on canvas
30 1/8 by 36 1/8 in.
76.5 by 91.8 cm
Galería Ramis Barquet, New York | Private Collection, Panama

Auction result well in line with expectations

In November 2012 Sothebys in New York held the auction Latin American Art, which included the work Journey Xii by Luis Cruz Azaceta. The price achieved of USD 11,875.00 (€ 9,127.59) was within expectations - the estimate range had previously been set by the auction house as USD 10,000.00 – 15,000.00. Other works by Luis Cruz Azaceta have already achieved higher auction prices, for example, in November 2010 the work Rafter: Hell Act I was auctioned for USD 23,750.00 (€ 18,218.78).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2012 führte Sothebys in New York die Auktion Latin American Art durch, in der auch die Arbeit Journey Xii von Luis Cruz Azaceta zur Versteigerung kam. Der dabei erzielte Preis von USD 11.875,00 (€ 9.127,59) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 10.000,00 – 15.000,00 angegeben worden. Andere Arbeiten von Luis Cruz Azaceta konnten bereits höhere Auktionspreise erzielen, so wurde im November 2010 die Arbeit Rafter: Hell Act I für USD 23.750,00 (€ 18.218,78) versteigert.

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