Massoud Arabshahi

Untitled

Found at Sothebys, London
20th Century Art / Middle East, Lot 24
22. Oct - 22. Oct 2019
Estimate: 30.000 - 40.000 GBP
Price realised: 40.000 GBP
Property from a Distinguished Private Collection, Los Angeles
MASSOUD ARABSHAHI
B. 1935
Iranian
UNTITLED
signed and dated '45 (A.P./A.D.1966)
mixed media on canvas
110 by 130cm.; 43¼ by 51¼in.
Private Collection, Tehran | Private Collection, Los Angeles (gifted by the above to the present owner in the 1980s)

Sold at the upper estimate price

In October 2019 Sothebys in London held the auction 20th Century Art / Middle East, which included this untitled work by Massoud Arabshahi. The auction ended at the price of GBP 40,000.00 (€ 46,397.13), which exactly corresponded to the upper end of the estimated price range of GBP 30,000.00 – 40,000.00. However, buyers have had to dig much deeper into their pockets for other works by Massoud Arabshahi - we have observed the highest auction result to date for the work without title, which sold at auction in April 2008 for USD 277,000.00 (€ 177,929.09).

Zuschlag beim oberen Schätzpreis

Im Oktober 2019 führte Sothebys in London die Auktion 20th Century Art / Middle East durch, in der auch diese Arbeit ohne Titel von Massoud Arabshahi zur Versteigerung kam. Das dabei erzielte Ergebnis von GBP 40.000,00 (€ 46.397,13) entsprach exakt dem oberen Ende der Schätzpreisspanne von GBP 30.000,00 – 40.000,00. Für andere Arbeiten von Massoud Arabshahi mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ohne Titel beobachtet, die im April 2008 für USD 277.000,00 (€ 177.929,09) versteigert wurde.

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