Olga Albizu

Untitled

Found at Christies, New York
Latin American Art, Lot 42
9. Mar - 9. Mar 2023
Estimate: 40.000 - 60.000 USD
Price realised: 56.700 USD
OLGA ALBIZU (1924-2005)
Untitled
signed 'Albizu' (lower right); signed and dated 'Olga Albizu, 1973' (on the reverse)
oil on canvas
40 x 36 in. (102 x 91.4 cm.)
Painted in 1973.

Auction result well in line with expectations

This work without title by Olga Albizu was sold in the Latin American Art auction at Christies in New York in March this year. It changed hands for a price of USD 56,700.00 (€ 52,152.32) achieving a result in the upper range of the estimate price range of USD 40,000.00 – 60,000.00. However, buyers have had to dig much deeper into their pockets for other works by Olga Albizu - we have observed the highest auction result to date for the work without title, which sold at auction in September last year for USD 151,200.00 (€ 154,553.82).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Olga Albizu wurde im März diesen Jahres in der Auktion Latin American Art bei Christies in New York versteigert. Dabei wechselte sie für einen Preis von USD 56.700,00 (€ 52.152,32) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von USD 40.000,00 – 60.000,00. Für andere Arbeiten von Olga Albizu mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ohne Titel beobachtet, die im September letzten Jahres für USD 151.200,00 (€ 154.553,82) versteigert wurde.

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