Faramarz Pilaram

Untitled

Found at Sothebys, London
20th Century Art / Middle East, Lot 25
31. Mar - 31. Mar 2020
Estimate: 20.000 - 30.000 GBP
Price realised: 22.500 GBP
Property from a Distinguished Private Collection, Dubai
FARAMARZ PILARAM
1937-1982
Iranian
UNTITLED
stamping, metallic paint, ink and graphite on paper
73.7 by 57.2 cm.; 29 by 22½ in.
Executed circa 1960s.
This work is accompanied by a certificate of authenticity from Ali Pilaram, the representative of the heirs of Faramarz Pilaram. Please note that consumer cancellation rights do not apply to this lot.
Collection of the artist | Collection of Eric and Sheila Azari (acquired directly from the artist between 1959-1974) | Artnet Auctions, 26 April 2017, Lot 121159 | Acquired from the above sale by the present owner

Auction result well in line with expectations

This work without title by Faramarz Pilaram was auctioned at Sothebys in London in March 2020. The estimated price for the artwork was previously given by the auction house with a range of GBP 20,000.00 – 30,000.00, the actual price achieved of GBP 22,500.00 (€ 25,407.11) could thus just exceed the lower estimate. Admittedly, works by Faramarz Pilaram have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work without title in April 2008 with an auction result of USD 385,000.00 (€ 247,302.16).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Faramarz Pilaram kam im März 2020 bei Sothebys in London zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von GBP 22.500,00 (€ 25.407,11) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Faramarz Pilaram auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit ohne Titel im April 2008 mit einem Auktionsergebnis von USD 385.000,00 (€ 247.302,16).

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