Hossein Kazemi

Untitled

Found at Christies, Dubai
Modern & Contemporary Art, Lot 134
16. Mar - 16. Mar 2016
Estimate: 40.000 - 60.000 USD
Price realised: 50.000 USD
oil and gesso on plywood
39 3/8 x 39 3/8in. (100 x 100cm.)
Painted circa late 1970s
Acquired directly from the artist by the present owner circa 1970.

Auction result well in line with expectations

In March 2016 Christies in Dubai held the auction Modern & Contemporary Art, which included this untitled work by Hossein Kazemi. The price achieved of USD 50,000.00 (€ 43,898.16) was within expectations - the estimate range had previously been set by the auction house as USD 40,000.00 – 60,000.00. Admittedly, works by Hossein Kazemi 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 313,000.00 (€ 201,053.44).

Auktionsergebnis im Rahmen der Erwartungen

Im März 2016 führte Christies in Dubai die Auktion Modern & Contemporary Art durch, in der auch diese Arbeit ohne Titel von Hossein Kazemi zur Versteigerung kam. Der dabei erzielte Preis von USD 50.000,00 (€ 43.898,16) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 40.000,00 – 60.000,00 angegeben worden. Freilich wurden Arbeiten von Hossein Kazemi 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 313.000,00 (€ 201.053,44).

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