Adel El Siwi

Untitled

Found at Bonhams, London (Online Auction)
Middle Eastern Art Online Sale, Lot 46
9. Feb - 22. Feb 2022
Estimate: 1.500 - 3.000 GBP
Price realised: 3.570 GBP
Adel El Siwi (Egypt, born 1952)
Untitled
mixed media on paper laid on canvas, framed
signed "Siwi" dated "2004" in English and Arabic, executed in 2004
69 x 49cm (27 3/16 x 19 5/16in).
Property from the collection of Dr Angelo Gioe, cultural attaché at the Italian Cultural Institute, Cairo 2003-2007

Upper estimated price slightly exceeded

In February last year Bonhams in London held the auction Middle Eastern Art Online Sale, which included this untitled work by Adel El Siwi. The »bidding war« ended at GBP 3,570.00 (€ 4,268.16), 19% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Adel El Siwi achieve. The highest price we have observed so far was reached by the work The Red & The Blue in April 2012 with an auction result of USD 158,500.00 (€ 119,812.53).

Oberer Schätzpreis leicht übertroffen

Im Februar letzten Jahres führte Bonhams in London die Auktion Middle Eastern Art Online Sale durch, in der auch diese Arbeit ohne Titel von Adel El Siwi zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 3.570,00 (€ 4.268,16) und damit 19% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Adel El Siwi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Red & The Blue im April 2012 mit einem Auktionsergebnis von USD 158.500,00 (€ 119.812,53).

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