- Art.Salon
- Artists
- Abiodun Olaku
- Commercial Avenue, 2003
Abiodun Olaku
Commercial Avenue, 2003
Estimate: 7.000 - 9.000 GBP
Price realised: 12.600 GBP
Price realised: 12.600 GBP
Description
Abiodun Olaku
Nigerian
b.1958
Commercial Avenue
signed and dated 2003 (lower right); signed, titled and dated 2003 (on the reverse)
oil on canvas
91.5 by 122cm., 36 by 48in.
Acquired directly from the artist by the present owner
Nigerian
b.1958
Commercial Avenue
signed and dated 2003 (lower right); signed, titled and dated 2003 (on the reverse)
oil on canvas
91.5 by 122cm., 36 by 48in.
Acquired directly from the artist by the present owner
Upper estimate price exceeded by 40 %.
The work Commercial Avenue, 2003 by Abiodun Olaku was sold in the Modern and Contemporary African Art auction at Sothebys in London in October 2021. The »bidding war« ended at GBP 12,600.00 (€ 14,927.60), 40% above the upper estimate. Other works by Abiodun Olaku have achieved even higher prices, we observed the highest auction result so far of GBP 14,000.00 (€ 16,446.39) in March 2021 for the work "Elemental Notes".
Oberer Schätzpreis um 40 % übertroffen
Die Arbeit Commercial Avenue, 2003 von Abiodun Olaku wurde im Oktober 2021 in der Auktion Modern and Contemporary African Art bei Sothebys in London versteigert. Das »Bietergefecht« endete beim Preis von GBP 12.600,00 (€ 14.927,60) und damit 40% über dem oberen Schätzpreis. Andere Arbeiten von Abiodun Olaku haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von GBP 14.000,00 (€ 16.446,39) im März 2021 für die Arbeit "Elemental Notes" beobachtet.