Oscar Dominguez Work Sells for $1.21m to Deliver a 9% Annualized Return

Oscar Dominguez, Exacte sensibilité (1935) sold for $1.21m (GBP889,000), more than the low estimate at Sotheby's in London on September 17.

The sale beat the previous auction result for this work by $1.15m, equivalent to an annualized return of 9%. It last sold at auction in 1994 for $62,200 at Boisgirard et Associes.

Oil on canvas with plaster, iron pipe, metal rod, spatula, plastic and sphere in the artist’s frame, 69.0 x 117.0 x 12.0cm. The work has been traded 4 times in the past.