Effat Naghi
Le Sagittaire
Found at
Bonhams,
London (Online Auction)
Modern and Contemporary Middle Eastern Art Online Sale, Lot 37
20. Nov - 5. Dec 2018
Modern and Contemporary Middle Eastern Art Online Sale, Lot 37
20. Nov - 5. Dec 2018
Estimate: 1.500 - 2.500 GBP
Price realised: 1.063 GBP
Price realised: 1.063 GBP
Description
Effat Naghi (Egypt, 1905-1994)
Le Sagittaire
mixed media, collage, antique stones and gold leaf on wooden box
signed "Effat Naghi", titled "Le Sagittaire" and inscribed "old wood decorated with mother-of-pearl, gilding and antique glass paste" on the verso, executed in 1972
26 x 44cm (10 1/4 x 17 5/16in).
Property from the private collection of H.E Ambassador Francine Henrich
Le Sagittaire
mixed media, collage, antique stones and gold leaf on wooden box
signed "Effat Naghi", titled "Le Sagittaire" and inscribed "old wood decorated with mother-of-pearl, gilding and antique glass paste" on the verso, executed in 1972
26 x 44cm (10 1/4 x 17 5/16in).
Property from the private collection of H.E Ambassador Francine Henrich
Auction result misses estimated price range
In December 2018 a collector was able to acquire the work Le Sagittaire by Effat Naghi for GBP 1,062.50 (€ 1,183.72). This price was achieved in the auction Modern and Contemporary Middle Eastern Art Online Sale at Bonhams in London and was even below the estimate range of GBP 1,500.00 – 2,500.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Effat Naghi achieve. The highest price we have observed so far was reached by the work without title in March 2014 with an auction result of USD 62,500.00 (€ 45,365.46).
Auktionsergebnis verfehlt die Schätzpreisspanne
Im Dezember 2018 konnte ein Sammler die Arbeit Le Sagittaire von Effat Naghi für GBP 1.062,50 (€ 1.183,72) erwerben. Dieser Preis wurde in der Auktion Modern and Contemporary Middle Eastern Art Online Sale bei Bonhams in London erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von GBP 1.500,00 – 2.500,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Effat Naghi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im März 2014 mit einem Auktionsergebnis von USD 62.500,00 (€ 45.365,46).
Effat Naghi - Auction history
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