Margaret Olley
Australian Proteas And Desert Roses
Found at
Sothebys,
Melbourne
Important Australian Art Including Selected International Works, Lot 91
27. Aug - 27. Aug 2007
Important Australian Art Including Selected International Works, Lot 91
27. Aug - 27. Aug 2007
Estimate: 50.000 - 70.000 AUD
Price realised: 52.800 AUD
Price realised: 52.800 AUD
Description
MARGARET OLLEY
B.1923
AUSTRALIANPROTEAS AND DESERT ROSES
Signed lower right; bears artist's name and title on label on the reverse
Oil on board
74.5 by 120.5 cm
Painted circa 1970
Holdsworth Galleries, Sydney (label on the reverse) | Private collection, Sydney
B.1923
AUSTRALIANPROTEAS AND DESERT ROSES
Signed lower right; bears artist's name and title on label on the reverse
Oil on board
74.5 by 120.5 cm
Painted circa 1970
Holdsworth Galleries, Sydney (label on the reverse) | Private collection, Sydney
Auction result well in line with expectations
The work Australian Proteas And Desert Roses by Margaret Olley was sold in the Important Australian Art Including Selected International Works auction at Sothebys in Melbourne in August 2007. The estimated price for the artwork was previously given by the auction house with a range of AUD 50,000.00 – 70,000.00, the actual price achieved of AUD 52,800.00 (€ 31,573.17) could thus just exceed the lower estimate. Admittedly, works by Margaret Olley have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Hawkesbury Wildflowers and Pears I, 1973 in November 2021 with an auction result of AUD 159,900.00 (€ 141,667.40).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Australian Proteas And Desert Roses von Margaret Olley wurde im August 2007 in der Auktion Important Australian Art Including Selected International Works bei Sothebys in Melbourne versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von AUD 50.000,00 – 70.000,00 angegeben, der tatsächlich erzielte Preis von AUD 52.800,00 (€ 31.573,17) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Margaret Olley auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Hawkesbury Wildflowers and Pears I, 1973 im November 2021 mit einem Auktionsergebnis von AUD 159.900,00 (€ 141.667,40).
Margaret Olley - Auction history
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