Ahmed Mater

Magnetism Portfolio

Found at Sothebys, New York
TO LIVE WITH ART: Property from the Jerome & Ellen Stern Collection, Lot 121
5. Mar - 5. Mar 2018
Estimate: 6.000 - 9.000 USD
Price realised: 13.750 USD
Ahmed Mater
B. 1979
MAGNETISM PORTFOLIO
a portfolio of 4 photogravures, each signed, titled, dated, numbered sequentially, and editioned 19/45 in pencil in the margin; together with the printed title and colophon, signed, dated, and editioned 19 in pencil. Double elephant folio, black linen clamshell box with embossed title and credit, each framed
a portfolio of 4 photogravures
each image: 16 1/2 by 24 3/4 in. 41.9 by 62.9 cm.
Executed in 2012, this work is number 19 from an edition of 45, plus 5 artist's proofs.
Galerie Krinzinger, Vienna | Acquired from the above by the present owner in 2012

Upper estimate price exceeded by 53 %.

The work Magnetism Portfolio by Ahmed Mater was auctioned at Sothebys in New York in March 2018. It achieved a price of USD 13,750.00 (€ 11,160.71), exceeding the upper end of the estimate range by 53%. Of course, this price has nothing to do with the top prices that other works by Ahmed Mater achieve. The highest price we have observed so far was reached by the work Magnetism (Triptych) in June this year with an auction result of GBP 189,000.00 (€ 219,963.46).

Oberer Schätzpreis um 53 % übertroffen

Die Arbeit Magnetism Portfolio von Ahmed Mater kam im März 2018 bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 13.750,00 (€ 11.160,71) und übertraf damit das obere Ende der Schätzpreisspanne um 53%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ahmed Mater erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Magnetism (Triptych) im Juni diesen Jahres mit einem Auktionsergebnis von GBP 189.000,00 (€ 219.963,46).

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