Mequitta Ahuja - Rhyme Sequence: Jingle Jangle

Mequitta Ahuja

Rhyme Sequence: Jingle Jangle

Found at Christies, London (Online Auction)
First Open: Post-War and Contemporary Art Online, Lot 26
07.Feb - 18.Feb.2020
Estimate: XX.XXX
Price realised: XX.XXX
oil, acrylic and paper collage on canvas
84 x 80in. (213.4 x 203.2cm.)
Executed in 2012
Thierry Goldberg, New York. | Irena Hochman Fine Art Ltd, New York. | Acquired from the above by the present owner in 2013.

Artwork auctioned at seven times the upper estimate price

When the work Rhyme Sequence: Jingle Jangle by Mequitta Ahuja was auctioned at Christies in London in February 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 8,000.00 but the actual price achieved was more than seven times as high at GBP 60,000.00 (€ 69,540.14). Despite this good result, it is not the highest hammer price for an artwork by Mequitta Ahuja; that achieved among the auctions we observed the lot Generator sold at auction in July 2020 with the realized price of GBP 81,250.00 (€ 90,628.18).

Kunstwerk zum Siebenfachen des oberen Schätzpreises versteigert

Als die Arbeit Rhyme Sequence: Jingle Jangle von Mequitta Ahuja im Februar 2020 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 8.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 60.000,00 (€ 69.540,14) mehr als siebenmal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Mequitta Ahuja; den erzielte unter den von uns beobachteten Auktionen die Arbeit Generator im Juli 2020 mit dem Hammerpreis von GBP 81.250,00 (€ 90.628,18).

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