Fouad Elkoury - Untitled (part of the Civilization, Fake = Real? project)

Fouad Elkoury

Untitled (part of the Civilization, Fake = Real? project)

Found at Sothebys, London
20th Century Art / Middle East, Lot 42
23. Mar - 29. Mar 2022
Estimate: XX.XXX
Price realised: XX.XXX
Fouad Elkoury
b. 1945
Untitled (part of the Civilization, Fake = Real? project)
signed, dated and numbered on the reverse
silver bromide paint
61 by 76 cm. 24 by 29¾ in.
framed: 63.5 by 79 cm. 25 by 31 in.
Executed in 2005-2006, this work is number 1 from an edition of 13.
Third Line Gallery, Dubai | Acquired directly from the above by the present owner in 2006

Auction result misses estimated price range

In March last year a collector was able to acquire the work Untitled (part of the Civilization, Fake = Real? project) by Fouad Elkoury for GBP 1,764.00 (€ 2,091.42). This price was achieved in the auction 20th Century Art / Middle East at Sothebys in London and was even below the estimate range of GBP 2,000.00 – 3,000.00 set by the auction house. Admittedly, works by Fouad Elkoury have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Lebanese sherihan (From The Egyptian Cinema Series) in November 2017 with an auction result of USD 18,750.00 (€ 15,758.95).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im März letzten Jahres konnte ein Sammler die Arbeit Untitled (part of the Civilization, Fake = Real? project) von Fouad Elkoury für GBP 1.764,00 (€ 2.091,42) erwerben. Dieser Preis wurde in der Auktion 20th Century Art / Middle East bei Sothebys in London erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von GBP 2.000,00 – 3.000,00. Freilich wurden Arbeiten von Fouad Elkoury auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Lebanese sherihan (From The Egyptian Cinema Series) im November 2017 mit einem Auktionsergebnis von USD 18.750,00 (€ 15.758,95).

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