Arkadi Petrov - Shooting Gallery

Arkadi Petrov

Shooting Gallery

Found at Phillips, London
Under the Influence, Lot 134
11. Apr - 11. Apr 2013
Estimate: XX.XXX
Price realised: XX.XXX
1984
oil on fibreboard
55.8 x 65.1 cm. (22 x 25 5/8 in.)
Signed [in Cyrillic] 'Arkadi Petrov' lower right, further signed [in Cyrillic] and dated 'Arkadi Petrov 1984' on the reverse.
Acquired directly from the artist | Private Collection, Europe | Phillips de Pury & Company, London, BRIC, 24 April 2010, lot 230 | Acquired at the above sale by the present owner

Auction result misses estimated price range

When the work Shooting Gallery by Arkadi Petrov was auctioned at Phillips in London in April 2013, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 3,000.00 – 5,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 625.00 (€ 737.54). Of course, this price has nothing to do with the top prices that other works by Arkadi Petrov achieve. The highest price we have observed so far was reached by the work Buttons in March 2008 with an auction result of GBP 46,100.00 (€ 57,913.03).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Shooting Gallery von Arkadi Petrov im April 2013 bei Phillips in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 3.000,00 – 5.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 625,00 (€ 737,54) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Arkadi Petrov erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Buttons im März 2008 mit einem Auktionsergebnis von GBP 46.100,00 (€ 57.913,03).

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