Larry Otoo

Garden Eggs for Sale, 1999 (framed)

Found at Bonhams, London (Online Auction)
Modern & Contemporary African Art Online, Lot 45
3. Aug - 17. Aug 2022
Estimate: 700 - 1.000 GBP
Price realised: 574 GBP
Larry Otoo (Ghanaian, born 1956)
Garden Eggs for Sale, 1999
signed 'L.OToo' (lower right); further signed, titled and dated (verso)
acrylic on canvas
60.7 x 91.6cm (23 7/8 x 36 1/16in).
(framed)

Auction result misses estimated price range

When the work Garden Eggs for Sale, 1999 (framed) by Larry Otoo was auctioned at Bonhams in London in August last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 700.00 – 1,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 573.75 (€ 663.93). Admittedly, works by Larry Otoo have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Ace Gang in October 2018 with an auction result of GBP 4,000.00 (€ 4,510.77).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Garden Eggs for Sale, 1999 (framed) von Larry Otoo im August letzten Jahres bei Bonhams in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 700,00 – 1.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 573,75 (€ 663,93) den Besitzer. Freilich wurden Arbeiten von Larry Otoo auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Ace Gang im Oktober 2018 mit einem Auktionsergebnis von GBP 4.000,00 (€ 4.510,77).

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