Osvaldo Borsani
Rare console, designed for the IX Triennale, Milan
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art & Design Evening Sale, Lot 65
26. Nov - 26. Nov 2017
20th Century & Contemporary Art & Design Evening Sale, Lot 65
26. Nov - 26. Nov 2017
Estimate: 50.000 - 70.000 HKD
Price realised: 350.000 HKD
Price realised: 350.000 HKD
Description
circa 1951
walnut, walnut-veneered wood, marble
89.5 x 140.5 x 34.5 cm (35 1/4 x 55 3/8 x 13 5/8 in.)
Produced by l'Atelier di Varedo, Milan, Italy, circa 1951.
walnut, walnut-veneered wood, marble
89.5 x 140.5 x 34.5 cm (35 1/4 x 55 3/8 x 13 5/8 in.)
Produced by l'Atelier di Varedo, Milan, Italy, circa 1951.
Artwork auctioned at five times the upper estimate price
When the work Rare console, designed for the IX Triennale, Milan by Osvaldo Borsani was auctioned at Phillips in Hong Kong in November 2017, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 70,000.00 but the actual price achieved was more than five times as high at HKD 350,000.00 (€ 37,682.80). Despite this good result, it is not the highest hammer price for an artwork by Osvaldo Borsani; that achieved among the auctions we observed the lot Specchieramirror, Lacquered Gold Wood, Neon Lightening. Executed In 1946. This Work Is Registered In The Archivio Osvaldo Borsani, Varedo, Under No. 6652/1 And It Is Accompanied By A Photo Certificate Issued By The Archivio Osvaldo Borsani, Varedo. sold at auction in April 2018 with the realized price of EUR 62,500.00.
Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert
Als die Arbeit Rare console, designed for the IX Triennale, Milan von Osvaldo Borsani im November 2017 bei Phillips in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 70.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 350.000,00 (€ 37.682,80) mehr als fünfmal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Osvaldo Borsani; den erzielte unter den von uns beobachteten Auktionen die Arbeit Specchieramirror, Lacquered Gold Wood, Neon Lightening. Executed In 1946. This Work Is Registered In The Archivio Osvaldo Borsani, Varedo, Under No. 6652/1 And It Is Accompanied By A Photo Certificate Issued By The Archivio Osvaldo Borsani, Varedo. im April 2018 mit dem Hammerpreis von EUR 62.500,00.
Osvaldo Borsani - Auction history
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