Ali Banisadr

Initiation

Found at Phillips, London Auction
20th Century & Contemporary Art Day Sale, Lot 180
13. Oct - 13. Oct 2022
Estimate: 120.000 - 180.000 GBP
Price realised: 252.000 GBP
signed, titled and dated 'Ali Banisadr 2017 "Initiation" 2017' on the reverse
oil on linen
122.2 x 152.4 cm (48 1/8 x 60 in.)
Painted in 2017.

Upper estimate price exceeded by 40 %.

In October last year Phillips in London held the auction 20th Century & Contemporary Art Day Sale, which included the work Initiation by Ali Banisadr. The »bidding war« ended at GBP 252,000.00 (€ 293,577.21), 40% above the upper estimate. Other works by Ali Banisadr have achieved even higher prices, we observed the highest auction result so far of USD 572,000.00 (€ 485,816.21) in July 2020 for the work Motherboard.

Oberer Schätzpreis um 40 % übertroffen

Im Oktober letzten Jahres führte Phillips in London die Auktion 20th Century & Contemporary Art Day Sale durch, in der auch die Arbeit Initiation von Ali Banisadr zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 252.000,00 (€ 293.577,21) und damit 40% über dem oberen Schätzpreis. Andere Arbeiten von Ali Banisadr haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von USD 572.000,00 (€ 485.816,21) im Juli 2020 für die Arbeit Motherboard beobachtet.

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