Herbert Arnould Olivier - A View Towards The Rajabai Clock Tower, Mumbai

Herbert Arnould Olivier

A View Towards The Rajabai Clock Tower, Mumbai

Found at Bonhams, London
Travel & Exploration, Lot 141
14. Sep - 14. Sep 2021
Estimate: XX.XXX
Price realised: XX.XXX
Description
Herbert Arnould Olivier (British, 1861-1952)
A view towards the Rajabai Clock Tower, Mumbai
signed and dated 'H A Olivier 84' (lower right)
watercolour heightened with white
24.5 x 34.6cm (9 5/8 x 13 5/8in).
en de

Artwork auctioned at three times the upper estimate price

When the work A View Towards The Rajabai Clock Tower, Mumbai by Herbert Arnould Olivier was auctioned at Bonhams in London in September 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 800.00 but the actual price achieved was more than three times as high at GBP 2,422.50 (€ 2,818.61). Of course, this price has nothing to do with the top prices that other works by Herbert Arnould Olivier achieve. The highest price we have observed so far was reached by the work Summer Is Icumen In in July 2009 with an auction result of GBP 331,250.00 (€ 375,869.46).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit A View Towards The Rajabai Clock Tower, Mumbai von Herbert Arnould Olivier im September 2021 bei Bonhams in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 800,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 2.422,50 (€ 2.818,61) mehr als dreimal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Herbert Arnould Olivier erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Summer Is Icumen In im Juli 2009 mit einem Auktionsergebnis von GBP 331.250,00 (€ 375.869,46).

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