M. Suriyamurthy

Untitled

Found at Sothebys, London
Modern and Contemporary South Asian Art, Lot 113
6. Oct - 6. Oct 2015
Estimate: 1.500 - 3.000 GBP
Price realised: 1.750 GBP
M. Suriyamurthy
B. 1944
UNTITLED
Signed and dated 'M. SURIYAMURTHY / 2/6 66 / NO. 1' on reverse
Oil on canvas
84 x 122.5 cm. (33 ⅛ x 48 ¼ in.)
Painted in 1966
Acquired in New Delhi in 1968 | Thence by descent

Auction result well in line with expectations

This work without title by M. Suriyamoorthy was auctioned at Sothebys in London in October 2015. The estimated price for the artwork was previously given by the auction house with a range of GBP 1,500.00 – 3,000.00, the actual price achieved of GBP 1,750.00 (€ 2,447.81) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by M. Suriyamoorthy - we have observed the highest auction result to date for the work Untitled (Family Life Depiction), which sold at auction in March 2014 for USD 10,000.00 (€ 7,258.47).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von M. Suriyamoorthy kam im Oktober 2015 bei Sothebys in London zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 1.500,00 – 3.000,00 angegeben, der tatsächlich erzielte Preis von GBP 1.750,00 (€ 2.447,81) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von M. Suriyamoorthy mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Untitled (Family Life Depiction) beobachtet, die im März 2014 für USD 10.000,00 (€ 7.258,47) versteigert wurde.

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