Work of the Portuguese painter falls short of the auction expected this afternoon in London
The Hammer Oliver Barker hit within a few bids. The table The Godmother Matador of the Portuguese artist Paula Rego was not sold for less than the minimum value set by the seller. The dispute by lot 22 of Sotheby’s auction of contemporary art was quick. With a bid of base 360 thousand pounds the gavel sounded to 420,000 pounds. The auction house estimated that the framework to reach values between 500 and 700 thousand pounds. Despite receiving the bid of half a million euros, this did not reach the minimum price set by the seller, an American collector.
“I was sold,” he confirmed a spokeswoman for Sotheby’s to agency Lusa.
the table the Godmother Matador , acrylic on paper on canvas, dated 1990-91. According to Sotheby’s, it is an important example of the work of Paula Rego. “In The Bullfighter’s Godmother, Rego takes the long tradition of bullfighting portraits of art history, from Velázquez to Goya, Manet and Picasso,” the presentation of the work of text in the catalog.
In this Contemporary Art Auction British auction, Lucian frame Freud, Pregnant Girl reached 16 million pounds (over EUR 22 million) in a match Despique. The winning bid came by telephone. With an estimated seven to ten million pounds, largely exceeded expectations. Lot 17 was one of the highlights of the auction times and not by chance the table was next to the auctioneer Oliver Barker throughout the session.
A Alberto Burri frame, sold for more than nine million pounds, and a Jean-Michel Basquiat, sold more than six million pounds complete, this work of Lucian Freu, the podium of the works that have reached this afternoon highest values.
self-portrait of Paula Rego will the sixth square fair
interest of collectors in the works of the Portuguese painter rooted in London has been notorious. In 2015 The Cadet and his Sister , which had an initial estimate of between 600,000 and 800,000 pounds (846,000 euros and 1,130 million euros), was eventually sold for record $ 1,145,000 (1,614,795 euros)
Tomorrow another work of Paula Rego will be auctioned by Sotheby’s:. Untitled (Girl shaving dog) [Untitled (Girl make shaving a dog) ], an acrylic on paper, with a base estimate of 60,000 to 80,000 pounds (83 000 to 110 000 euros).
on Friday it’s time for Christie’s auctioned a self portrait of the artist . It is Border Patrol: Self-portrait with Lila, Reflection and Ana , 2004. It has the bidding value estimated at between 260 000 to 325 000 euros and is included in a large auction of contemporary art It includes works by Francis Bacon, David Hockney, Gerhard Richter and Jean Dubuffet. This picture was exposed in Serralves in 2004.
(amended News at 20:37 with a note that Paula Rego’s painting was not sold)
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