Pablo Picasso
Médaillon Ovale (Oval Medallion)
Found at
Sothebys,
Hong Kong
Boundless: Contemporary Art, Lot 2
20. Jan - 20. Jan 2016
Boundless: Contemporary Art, Lot 2
20. Jan - 20. Jan 2016
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Pablo Picasso
1881 - 1973
MÉDAILLON OVALE (OVAL MEDALLION)
Conceived in 1972, this work is number 5 from an edition of 20, edited by François Hugo.
inscribed with the artist's signature, the edition number 5/20, the reference number 1439 1682, and stamped with the mark of François Hugo and the assay mark 1er titre de la Garantie de Marseille on the reverse
23-carat yellow gold pendant
3.5 by 5.3 cm., 1 3/8 by 2 1/8 in.
Private Collection, Europe
1881 - 1973
MÉDAILLON OVALE (OVAL MEDALLION)
Conceived in 1972, this work is number 5 from an edition of 20, edited by François Hugo.
inscribed with the artist's signature, the edition number 5/20, the reference number 1439 1682, and stamped with the mark of François Hugo and the assay mark 1er titre de la Garantie de Marseille on the reverse
23-carat yellow gold pendant
3.5 by 5.3 cm., 1 3/8 by 2 1/8 in.
Private Collection, Europe
Upper estimate price exceeded by 35 %.
The work Médaillon Ovale (Oval Medallion) by Pablo Picasso was auctioned at Sothebys in Hong Kong in January 2016. It achieved a price of HKD 162,500.00 (€ 19,262.37), exceeding the upper end of the estimate range by 35%. Of course, this price has nothing to do with the top prices that other works by Pablo Picasso achieve. The highest price we have observed so far was reached by the work Les femmes d'Alger (Version 'O') in May 2015 with an auction result of USD 179,365,000.00 (€ 163,148,080.77).
Oberer Schätzpreis um 35 % übertroffen
Die Arbeit Médaillon Ovale (Oval Medallion) von Pablo Picasso kam im Januar 2016 bei Sothebys in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 162.500,00 (€ 19.262,37) und übertraf damit das obere Ende der Schätzpreisspanne um 35%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Pablo Picasso erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Les femmes d'Alger (Version 'O') im Mai 2015 mit einem Auktionsergebnis von USD 179.365.000,00 (€ 163.148.080,77).
Pablo Picasso - Auction history
Other artists in this auction
