António Ole

Rakung

Found at Sothebys, London
Modern and Contemporary African Art, Lot 100
15. Oct - 15. Oct 2019
Estimate: 12.000 - 18.000 GBP
Price realised: 12.500 GBP
ANTÓNIO OLE
Angolan
b.1951
RAKUNG
signed (lower right); signed, titled and dated 2017 (on the reverse)
mixed media on canvas
204.5 by 204.5cm., 80 by 80½in.

Auction result well in line with expectations

In October 2019 Sothebys in London held the auction Modern and Contemporary African Art, which included the work Rakung by António Ole. The estimated price for the artwork was previously given by the auction house with a range of GBP 12,000.00 – 18,000.00, the actual price achieved of GBP 12,500.00 (€ 14,499.10) could thus just exceed the lower estimate. Other works by António Ole have already achieved higher auction prices, for example, in May 2017 the work Espírito Caluanda was auctioned for GBP 20,000.00 (€ 22,970.81).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2019 führte Sothebys in London die Auktion Modern and Contemporary African Art durch, in der auch die Arbeit Rakung von António Ole zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 12.000,00 – 18.000,00 angegeben, der tatsächlich erzielte Preis von GBP 12.500,00 (€ 14.499,10) konnte den unteren Schätzpreis somit knapp übertreffen. Andere Arbeiten von António Ole konnten bereits höhere Auktionspreise erzielen, so wurde im Mai 2017 die Arbeit Espírito Caluanda für GBP 20.000,00 (€ 22.970,81) versteigert.

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