Roberto Montenegro

Portrait of Jean Cocteau

Found at Christies, New York
Latin American Art, Lot 199
20.Nov - 21.Nov.2018
Estimate: 15.000 - 20.000 USD
Price realised: 18.750 USD
signed 'Montenegro' (lower right) inscribed 'Portrait of Jean Cocteau, por Roberto Montenegro' (on the stretcher bar)
oil on masonite
29 ½ x 31 ½ in. (74.9 x 80 cm.)
Painted in 1945.
Private collection, Florida.

Auction result well in line with expectations

The work Portrait of Jean Cocteau by Roberto Montenegro was auctioned at Christies in New York in November 2018. It changed hands for a price of USD 18,750.00 (€ 16,559.22) achieving a result in the upper range of the estimate price range of USD 15,000.00 – 20,000.00. Admittedly, works by Roberto Montenegro have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Self-Portrait in November 2017 with an auction result of USD 187,500.00 (€ 157,589.51).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Portrait of Jean Cocteau von Roberto Montenegro kam im November 2018 bei Christies in New York zur Auktion. Dabei wechselte sie für einen Preis von USD 18.750,00 (€ 16.559,22) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von USD 15.000,00 – 20.000,00. Freilich wurden Arbeiten von Roberto Montenegro auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Self-Portrait im November 2017 mit einem Auktionsergebnis von USD 187.500,00 (€ 157.589,51).

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