Khaled Al-Rahhal

Horses and Bulls

Found at Christies, Dubai
International Modern and Contemporary Art, Lot 31
30. Oct - 30. Oct 2008
Estimate: 25.000 - 35.000 USD
Price realised: 22.500 USD
Khaled Al-Rahhal (Iraqi, 1926-1987)
Horses and Bulls
signed and dated in Arabic (upper left)
acrylic and silver leaf on canvas.
32 x 41¾in. (81 x 106cm.)
Painted in 1976

Auction result misses estimated price range

In October 2008 a collector was able to acquire the work Horses and Bulls by Khaled Al-Rahhal for USD 22,500.00 (€ 17,741.68). This price was achieved in the auction International Modern and Contemporary Art at Christies in Dubai and was even below the estimate range of USD 25,000.00 – 35,000.00 set by the auction house. However, buyers have had to dig much deeper into their pockets for other works by Khaled Al-Rahhal - we have observed the highest auction result to date for the work Seated Woman, which sold at auction in October 2007 for USD 58,600.00 (€ 40,503.18).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2008 konnte ein Sammler die Arbeit Horses and Bulls von Khaled Al-Rahhal für USD 22.500,00 (€ 17.741,68) erwerben. Dieser Preis wurde in der Auktion International Modern and Contemporary Art bei Christies in Dubai erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 25.000,00 – 35.000,00. Für andere Arbeiten von Khaled Al-Rahhal mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Seated Woman beobachtet, die im Oktober 2007 für USD 58.600,00 (€ 40.503,18) versteigert wurde.

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