- Art.Salon
- Artists
- Jannis Varelas
- Flag, 2017
Jannis Varelas
Flag, 2017
Found at
Bonhams,
Los Angeles
Post-War & Contemporary Art X Made in California, Lot 91
16. Sep - 16. Sep 2020
Post-War & Contemporary Art X Made in California, Lot 91
16. Sep - 16. Sep 2020
Estimate: 5.000 - 7.000 USD
Price realised: 8.200 USD
Price realised: 8.200 USD
Description
JANNIS VARELAS (b. 1977)
Flag, 2017
signed and dated 'Jannis Varelas 2017' (on the reverse)
oil, oil stick, pastel, collage, permanent marker and gesso on canvas
74 x 96 in.
188 x 243.8 cm.
Acquired directly from the artist by the present owner
Flag, 2017
signed and dated 'Jannis Varelas 2017' (on the reverse)
oil, oil stick, pastel, collage, permanent marker and gesso on canvas
74 x 96 in.
188 x 243.8 cm.
Acquired directly from the artist by the present owner
Upper estimated price slightly exceeded
In September 2020 Bonhams in Los Angeles held the auction Post-War & Contemporary Art X Made in California, which included the work Flag, 2017 by Jannis Varelas. The »bidding war« ended at USD 8,200.00 (€ 6,997.78), 17% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Jannis Varelas - we have observed the highest auction result to date for the work without title, which sold at auction in September last year for USD 20,160.00 (€ 20,607.18).
Oberer Schätzpreis leicht übertroffen
Im September 2020 führte Bonhams in Los Angeles die Auktion Post-War & Contemporary Art X Made in California durch, in der auch die Arbeit Flag, 2017 von Jannis Varelas zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 8.200,00 (€ 6.997,78) und damit 17% über dem oberen Schätzpreis. Für andere Arbeiten von Jannis Varelas mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ohne Titel beobachtet, die im September letzten Jahres für USD 20.160,00 (€ 20.607,18) versteigert wurde.