Elian Chali

Verticalidad Iv

Found at Sothebys, London
Contemporary Art Online | London, Lot 64
8. Apr - 8. Apr 2020
Estimate: 800 - 1.200 GBP
Price realised: 1.500 GBP
ELIAN CHALI
b. 1988
VERTICALIDAD IV
signed, titled and dated 2017 on the reverse
acrylic on canvas
158 by 44 cm. 62¼ by 17⅜ in.
Please note, Condition 11 of the Conditions of Business for Buyers (Online Only) is not applicable to this lot.
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Private Collection, Hong Kong | Sotheby's, Hong Kong, TAKE IT TO THE STREETS: Auction to benefit HOCA Foundation, 8 December 2017, Lot 983 | Acquired from the above by the present owner

Upper estimate price exceeded by 25 %.

In April 2020 Sothebys in London held the auction Contemporary Art Online | London, which included the work Verticalidad Iv by Elian Chali. The »bidding war« ended at GBP 1,500.00 (€ 1,725.51), 25% above the upper estimate. Other works by Elian Chali have achieved even higher prices, we observed the highest auction result so far of HKD 30,000.00 (€ 3,194.14) in December 2017 for the work Verticalidad Iv.

Oberer Schätzpreis um 25 % übertroffen

Im April 2020 führte Sothebys in London die Auktion Contemporary Art Online | London durch, in der auch die Arbeit Verticalidad Iv von Elian Chali zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 1.500,00 (€ 1.725,51) und damit 25% über dem oberen Schätzpreis. Andere Arbeiten von Elian Chali haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von HKD 30.000,00 (€ 3.194,14) im Dezember 2017 für die Arbeit Verticalidad Iv beobachtet.

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