Mahmoud Mokhtar - On the Banks of the Nile

Mahmoud Mokhtar

On the Banks of the Nile

Found at Bonhams, London
Modern and Contemporary Middle Eastern Art, Lot 16
24. Nov - 24. Nov 2020
Estimate: XX.XXX
Price realised: XX.XXX
On the Banks of the Nile
bronze sculpture
signed "M. Moukhtar" on the base, cast posthumously in 1979 by Giovanni and Angelo Nicci, Fondatori Artistici, Roma, accompanied by an invoice from the foundry, executed in October 1979
Height: 40cm
Acquired by the late Saleh Abdoun, Director of the Egyptian Academy of Fine Arts, 1979-1983 from Giovanni and Angelo Nicci, Fondatori Artistici, Roma in October 1979

Upper estimated price slightly exceeded

In November 2020 Bonhams in London held the auction Modern and Contemporary Middle Eastern Art, which included the work On the Banks of the Nile by Mahmoud Mokhtar. Here, the upper estimate of GBP 40,000.00 was slightly exceeded - the artwork found a new owner for GBP 40,250.00 (€ 44,932.58). Of course, this price has nothing to do with the top prices that other works by Mahmoud Mokhtar achieve. The highest price we have observed so far was reached by the work Egyptian au Bord Du Nil (Ala Shat Elnil / On The Banks Of The Nile) in April 2016 with an auction result of GBP 725,000.00 (€ 926,765.58).

Oberer Schätzpreis leicht übertroffen

Im November 2020 führte Bonhams in London die Auktion Modern and Contemporary Middle Eastern Art durch, in der auch die Arbeit On the Banks of the Nile von Mahmoud Mokhtar zur Versteigerung kam. Dabei wurde der obere Schätzpreis von GBP 40.000,00 leicht übertroffen – das Kunstwerk fand für GBP 40.250,00 (€ 44.932,58) einen neuen Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mahmoud Mokhtar erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Egyptian au Bord Du Nil (Ala Shat Elnil / On The Banks Of The Nile) im April 2016 mit einem Auktionsergebnis von GBP 725.000,00 (€ 926.765,58).

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