Olga Albizu

Untitled

Found at Phillips, New York
Latin America, Lot 76
21. Nov - 21. Nov 2013
Estimate: 8.000 - 12.000 USD
Price realised: 17.500 USD
circa 1970
oil on canvas
19 3/4 x 16 in. (50.2 x 40.6 cm.)
Signed "Albizu" on the reverse.
Private Collection, San Juan

Upper estimate price exceeded by 46 %.

This work without title by Olga Albizu was sold in the Latin America auction at Phillips in New York in November 2013. It achieved a price of USD 17,500.00 (€ 12,861.97), exceeding the upper end of the estimate range by 46%. Of course, this price has nothing to do with the top prices that other works by Olga Albizu achieve. The highest price we have observed so far was reached by the work without title in September last year with an auction result of USD 151,200.00 (€ 154,553.82).

Oberer Schätzpreis um 46 % übertroffen

Diese Arbeit ohne Titel von Olga Albizu wurde im November 2013 in der Auktion Latin America bei Phillips in New York versteigert. Sie erzielte dabei einen Preis von USD 17.500,00 (€ 12.861,97) und übertraf damit das obere Ende der Schätzpreisspanne um 46%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Olga Albizu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im September letzten Jahres mit einem Auktionsergebnis von USD 151.200,00 (€ 154.553,82).

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