Dame Magdalene Odundo

Untitled (Early Vessel)

Found at Sothebys, London
(Women) Artists, Lot 43
27. May - 27. May 2021
Estimate: 3.000 - 5.000 GBP
Price realised: 10.080 GBP
Dame Magdalene Odundo
b. 1950
Untitled (Early Vessel)
stoneware, dry brown body with dark iron speckles, green ash splashes to the shoulder, pie-crust crimped and incised bands around the rim with four small looping lugs
height: 25.5cm.; 10in.
diameter: 29cm.; 11½in.
Executed in 1976.
Acquired directly from the Artist by the ceramicist Agnette Hoy in 1980, thence by descent to the previous owners | Their sale, Maak Contemporary Ceramics, 30 October 2014, lot 207, where acquired by the present owner

Upper estimate price exceeded by more than 100%

This artwork by Magdalene Odundo achieved an unexpectedly high price at Sothebys in London in May 2021. In the (Women) Artists auction, the work Untitled (Early Vessel) sold for GBP 10,080.00 (€ 11,728.31) - well above the upper estimate of GBP 5,000.00. Of course, this price has nothing to do with the top prices that other works by Magdalene Odundo achieve. The highest price we have observed so far was reached by the work without title in June 2021 with an auction result of GBP 378,000.00 (€ 440,468.26).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Magdalene Odundo erzielte im Mai 2021 bei Sothebys in London einen unerwartet hohen Preis. In der Auktion (Women) Artists wurde die Arbeit Untitled (Early Vessel) für GBP 10.080,00 (€ 11.728,31) versteigert – und damit weit über dem oberen Schätzpreis von GBP 5.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Magdalene Odundo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Juni 2021 mit einem Auktionsergebnis von GBP 378.000,00 (€ 440.468,26).

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