Abdulrahim Apabhai Almelkar

Untitled (To the Market)

Found at Sothebys, New York
Modern & Contemporary South Asian Art, Lot 71
16. Mar - 16. Mar 2021
Estimate: 2.000 - 3.000 USD
Price realised: 6.300 USD
Abdulrahim Apabhai Almelkar
1920 - 1982
Untitled (To the Market)
Oil on paper board
Signed and dated 'Almelkar / 1955' lower right
17 ⅞ x 14 ¾ in. (45.4 x 37.4 cm.)
Framed: 24 x 19 ¾ in. (60.9 x 50.1 cm.)
Painted in 1955
Acquired from a local auction house, New York, December 2002 

Upper estimate price exceeded by more than 100%

This artwork by Abdulrahim Apabhai Almelkar achieved an unexpectedly high price at Sothebys in New York in March 2021. In the Modern & Contemporary South Asian Art auction, the work Untitled (To the Market) sold for USD 6,300.00 (€ 5,364.90) - well above the upper estimate of USD 3,000.00. However, buyers have had to dig much deeper into their pockets for other works by Abdulrahim Apabhai Almelkar - we have observed the highest auction result to date for the work Udaipur Landscape, which sold at auction in March 2015 for USD 17,500.00 (€ 16,292.71).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Abdulrahim Apabhai Almelkar erzielte im März 2021 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Modern & Contemporary South Asian Art wurde die Arbeit Untitled (To the Market) für USD 6.300,00 (€ 5.364,90) versteigert – und damit weit über dem oberen Schätzpreis von USD 3.000,00. Für andere Arbeiten von Abdulrahim Apabhai Almelkar mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Udaipur Landscape beobachtet, die im März 2015 für USD 17.500,00 (€ 16.292,71) versteigert wurde.

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