Olga De Amaral

Policromo Vii

Found at Sothebys, New York
Contemporary Art Day Auction: Online, Lot 219
18. Nov - 18. Nov 2020
Estimate: 60.000 - 80.000 USD
Price realised: 239.400 USD
Olga de Amaral
b. 1932
Policromo VII
signed, titled and dated 2011 on a label affixed to the reverse
acrylic, gold leaf, gesso and plaster on linen
60 by 12 in. 152.4 by 30.5 cm.
Bellas Artes Gallery, Santa Fe | Private Collection, Miami  | Sotheby's, New York, 25 May 2017, Lot 1 | Acquired from the above sale by the present owner 

Upper estimate price exceeded by more than 100%

This artwork by Olga de Amaral achieved an unexpectedly high price at Sothebys in New York in November 2020. In the Contemporary Art Day Auction: Online auction, the work Policromo Vii sold for USD 239,400.00 (€ 200,368.26) - well above the upper estimate of USD 80,000.00. However, buyers have had to dig much deeper into their pockets for other works by Olga de Amaral - we have observed the highest auction result to date for the work Cesta Lunar 50A, which sold at auction in November 2018 for USD 555,000.00 (€ 490,152.79).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Olga de Amaral erzielte im November 2020 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Contemporary Art Day Auction: Online wurde die Arbeit Policromo Vii für USD 239.400,00 (€ 200.368,26) versteigert – und damit weit über dem oberen Schätzpreis von USD 80.000,00. Für andere Arbeiten von Olga de Amaral mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Cesta Lunar 50A beobachtet, die im November 2018 für USD 555.000,00 (€ 490.152,79) versteigert wurde.

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