Abiodun Olaku
Ebute (Framed)
Estimate: 4.000 - 6.000 GBP
Price realised: 5.355 GBP
Price realised: 5.355 GBP
Description
Abiodun Olaku (Nigerian, born 1958)
Ebute
signed and dated 'OLAKU A.B. 12' (lower left)
oil on canvas
90.2 x 109.8cm (35 1/2 x 43 1/4in).
(framed)
Acquired from Alexis Galleries, Lagos, 2010; | A private collection.
Ebute
signed and dated 'OLAKU A.B. 12' (lower left)
oil on canvas
90.2 x 109.8cm (35 1/2 x 43 1/4in).
(framed)
Acquired from Alexis Galleries, Lagos, 2010; | A private collection.
Auction result well in line with expectations
In March this year Bonhams held the auction Modern & Contemporary African Art, which included the work Ebute (Framed) by Abiodun Olaku. The price achieved of GBP 5,355.00 (€ 6,092.35) was within expectations - the estimate range had previously been set by the auction house as GBP 4,000.00 – 6,000.00. However, buyers have had to dig much deeper into their pockets for other works by Abiodun Olaku - we have observed the highest auction result to date for the work "Elemental Notes", which sold at auction in March 2021 for GBP 14,000.00 (€ 16,446.39).
Auktionsergebnis im Rahmen der Erwartungen
Im März diesen Jahres führte Bonhams die Auktion Modern & Contemporary African Art durch, in der auch die Arbeit Ebute (Framed) von Abiodun Olaku zur Versteigerung kam. Der dabei erzielte Preis von GBP 5.355,00 (€ 6.092,35) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 4.000,00 – 6.000,00 angegeben worden. Für andere Arbeiten von Abiodun Olaku mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit "Elemental Notes" beobachtet, die im März 2021 für GBP 14.000,00 (€ 16.446,39) versteigert wurde.
Abiodun Olaku - Auction history
Other artists in this auction
