Salvo
Prima primavera
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Day Sale, Afternoon Session, Lot 305
15. NOV - 15. NOV 2023
20th Century & Contemporary Art Day Sale, Afternoon Session, Lot 305
15. NOV - 15. NOV 2023
Estimate: 60.000 - 80.000 USD
Price realised: 495.300 USD
Price realised: 495.300 USD
Description
signed and titled "Salvo PRIMA PRIMAVERA" on the reverse
oil on Masonite
27 5/8 x 43 3/8 in. (70.2 x 110.2 cm)
Painted in 1996, this work is registered in the Archivio Salvo, Turin, under the number S1996-25 and is accompanied by a certificate of authenticity issued by the Archivio Salvo, Turin.
oil on Masonite
27 5/8 x 43 3/8 in. (70.2 x 110.2 cm)
Painted in 1996, this work is registered in the Archivio Salvo, Turin, under the number S1996-25 and is accompanied by a certificate of authenticity issued by the Archivio Salvo, Turin.
Artwork auctioned at six times the upper estimate price
When the work Prima primavera by Salvo was auctioned at Phillips in New York in November this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 80,000.00 but the actual price achieved was more than six times as high at USD 495,300.00 (€ 454,070.41). However, buyers have had to dig much deeper into their pockets for other works by Salvo - we have observed the highest auction result to date for the work Il Mattino (The Morning), which sold at auction in November this year for HKD 8,694,000.00 (€ 1,020,198.02).
Kunstwerk zum Sechsfachen des oberen Schätzpreises versteigert
Als die Arbeit Prima primavera von Salvo im November diesen Jahres bei Phillips in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 80.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 495.300,00 (€ 454.070,41) mehr als sechsmal so hoch. Für andere Arbeiten von Salvo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Il Mattino (The Morning) beobachtet, die im November diesen Jahres für HKD 8.694.000,00 (€ 1.020.198,02) versteigert wurde.