Michalis Economou

Greek Les Buissons

Found at Sothebys, London
The Greek Sale, Lot 1
6. May - 6. May 2009
Estimate: 25.000 - 35.000 GBP
Price realised: 25.000 GBP
Michalis Economou
1888-1933
GREEKLES BUISSONS
signed lower right; titled and dated 1911 lower left
oil on canvas
38.5 by 46cm., 15 by 18¼in.
Henoch Zwirblanski, Paris (acquired from the artist); thence by descent to the present owner, son-in-law of the above

Sold at the lower estimate price

In May 2009 Sothebys in London held the auction The Greek Sale, which included the work Greek Les Buissons by Michalis Economou. The result of GBP 25,000.00 (€ 28,599.75) was exactly at the lower end of the estimate range of GBP 25,000.00 – 35,000.00. Of course, this price has nothing to do with the top prices that other works by Michalis Economou achieve. The highest price we have observed so far was reached by the work Along The Shore in May 2007 with an auction result of GBP 198,000.00 (€ 291,370.40).

Zuschlag beim unteren Schätzpreis

Im Mai 2009 führte Sothebys in London die Auktion The Greek Sale durch, in der auch die Arbeit Greek Les Buissons von Michalis Economou zur Versteigerung kam. Das dabei erzielte Ergebnis von GBP 25.000,00 (€ 28.599,75) entsprach exakt dem unteren Ende der Schätzpreisspanne von GBP 25.000,00 – 35.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Michalis Economou erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Along The Shore im Mai 2007 mit einem Auktionsergebnis von GBP 198.000,00 (€ 291.370,40).

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