Abdel Hadi El-Gazzar
The High Dam Site (from the High Dam Series)
Estimate: 3.000 - 5.000 GBP
Price realised: 40.960 GBP
Price realised: 40.960 GBP
Description
PROPERTY FROM THE FARSI COLLECTION
Abdel Hadi El-Gazzar (Egypt, 1925-1965)
The High Dam Site (from the High Dam Series)
Indian ink on paper, framed
signed "A.Elgazzar" and dated "64" (lower right), executed in 1964
23 x 32cm (9 1/16 x 12 5/8in).
Property from the private collection of Dr Mohammad Said Farsi | Thence by descent to the present owner
Abdel Hadi El-Gazzar (Egypt, 1925-1965)
The High Dam Site (from the High Dam Series)
Indian ink on paper, framed
signed "A.Elgazzar" and dated "64" (lower right), executed in 1964
23 x 32cm (9 1/16 x 12 5/8in).
Property from the private collection of Dr Mohammad Said Farsi | Thence by descent to the present owner
Artwork auctioned at eight times the upper estimate price
When the work The High Dam Site (from the High Dam Series) by Abdul Hadi El-Gazzar was auctioned at Bonhams in London in May this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 5,000.00 but the actual price achieved was more than eight times as high at GBP 40,960.00 (€ 47,657.23). Of course, this price has nothing to do with the top prices that other works by Abdul Hadi El-Gazzar achieve. The highest price we have observed so far was reached by the work Construction Of The Suez Canal in March 2014 with an auction result of USD 1,023,750.00 (€ 743,086.30).
Kunstwerk zum Achtfachen des oberen Schätzpreises versteigert
Als die Arbeit The High Dam Site (from the High Dam Series) von Abdul Hadi El-Gazzar im Mai diesen Jahres bei Bonhams in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 5.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 40.960,00 (€ 47.657,23) mehr als achtmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Abdul Hadi El-Gazzar erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Construction Of The Suez Canal im März 2014 mit einem Auktionsergebnis von USD 1.023.750,00 (€ 743.086,30).
Abdul Hadi El-Gazzar - Auction history
Other artists in this auction
