Luis Martínez Pedro

Homenaje a Amelia Peláez

Found at Phillips, New York Auction
Latin America, Lot 110
18. Nov - 18. Nov 2015
Estimate: 15.000 - 20.000 USD
Price realised: 14.375 USD
1971
oil on canvas
52 1/2 x 41 1/2 in. (133.4 x 105.4 cm)
Signed and titled "Homenaje a Amelia Pelaez Martínez Pedro" on the reverse.
Galería La Acacia, Havana | Acquired from the above by the present owner

Auction result misses estimated price range

In November 2015 a collector was able to acquire the work Homenaje a Amelia Peláez by Luis Martínez-Pedro for USD 14,375.00 (€ 13,610.11). This price was achieved in the auction Latin America at Phillips in New York and was even below the estimate range of USD 15,000.00 – 20,000.00 set by the auction house. However, buyers have had to dig much deeper into their pockets for other works by Luis Martínez-Pedro - we have observed the highest auction result to date for the work Composition No. 16, which sold at auction in November 2016 for USD 43,750.00 (€ 41,359.43).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im November 2015 konnte ein Sammler die Arbeit Homenaje a Amelia Peláez von Luis Martínez-Pedro für USD 14.375,00 (€ 13.610,11) erwerben. Dieser Preis wurde in der Auktion Latin America bei Phillips in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 15.000,00 – 20.000,00. Für andere Arbeiten von Luis Martínez-Pedro mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Composition No. 16 beobachtet, die im November 2016 für USD 43.750,00 (€ 41.359,43) versteigert wurde.

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