Ahmed Mater

Magnetism

Found at Christies, London (Online Auction)
Modern & Contemporary Middle Eastern Art, Lot 29
24. Nov - 24. Nov 2020
Estimate: 80.000 - 120.000 GBP
Price realised: 100.000 GBP
installation of iron filings and magnets on a white cabinet within a glass case
Cabinet Base: 47 1⁄4 x 35 3⁄8 x 35 3⁄8in. (120 x 90 x 90cm.)
Glass Case: 28 3⁄4 x 35 3⁄8 x 35 3⁄8in. (73 x 90 x 90cm.)
Executed in 2009, this work is unique in a variation of five plus one artist proof
Please note this lot is the property of a private individual.
Donated directly by the artist.

Auction result well in line with expectations

In November 2020 Christies in London held the auction Modern & Contemporary Middle Eastern Art, which included the work Magnetism by Ahmed Mater. The price achieved of GBP 100,000.00 (€ 111,633.75) was within expectations - the estimate range had previously been set by the auction house as GBP 80,000.00 – 120,000.00. Other works by Ahmed Mater have already achieved higher auction prices, for example, in June this year the work Magnetism (Triptych) was auctioned for GBP 189,000.00 (€ 219,963.46).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2020 führte Christies in London die Auktion Modern & Contemporary Middle Eastern Art durch, in der auch die Arbeit Magnetism von Ahmed Mater zur Versteigerung kam. Der dabei erzielte Preis von GBP 100.000,00 (€ 111.633,75) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 80.000,00 – 120.000,00 angegeben worden. Andere Arbeiten von Ahmed Mater konnten bereits höhere Auktionspreise erzielen, so wurde im Juni diesen Jahres die Arbeit Magnetism (Triptych) für GBP 189.000,00 (€ 219.963,46) versteigert.

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