Michalis Economou

Greek From Oropon (The Road)

Found at Sothebys, London
20th Century Art – A Different Perspective, Lot 60
12. Nov - 12. Nov 2014
Estimate: 20.000 - 30.000 GBP
Price realised: 27.500 GBP
Michalis Economou
1888-1933
GREEKFROM OROPON (THE ROAD)
signed M. Economou lower right
oil on flannel canvas
68.5 by 50cm., 27 by 19¾in.
Dimitris Staikos, Athens | Private collection, Greece

Auction result well in line with expectations

In November 2014 Sothebys in London held the auction 20th Century Art – A Different Perspective, which included the work Greek From Oropon (The Road) by Michalis Economou. It changed hands for a price of GBP 27,500.00 (€ 34,575.09) achieving a result in the upper range of the estimate price range of GBP 20,000.00 – 30,000.00. Admittedly, works by Michalis Economou have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Along The Shore in May 2007 with an auction result of GBP 198,000.00 (€ 291,370.40).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2014 führte Sothebys in London die Auktion 20th Century Art – A Different Perspective durch, in der auch die Arbeit Greek From Oropon (The Road) von Michalis Economou zur Versteigerung kam. Dabei wechselte sie für einen Preis von GBP 27.500,00 (€ 34.575,09) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von GBP 20.000,00 – 30.000,00. Freilich wurden Arbeiten von Michalis Economou auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Along The Shore im Mai 2007 mit einem Auktionsergebnis von GBP 198.000,00 (€ 291.370,40).

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