Michalis Economou

Greek the House That He Dreams Of (Hydra)

Found at Sothebys, London
The Greek Sale, Lot 20
9. May - 9. May 2011
Estimate: 100.000 - 150.000 GBP
Price realised: 121.250 GBP
Michalis Economou
1888-1933
GREEKTHE HOUSE THAT HE DREAMS OF (HYDRA)
signed lower right
oil on flannel
45 by 54cm., 17¾ by 21¼in.
Acquired by the mother of the present owner

Auction result well in line with expectations

The work Greek the House That He Dreams Of (Hydra) by Michalis Economou was sold in the The Greek Sale auction at Sothebys in London in May 2011. The price achieved of GBP 121,250.00 (€ 138,649.75) was within expectations - the estimate range had previously been set by the auction house as GBP 100,000.00 – 150,000.00. However, buyers have had to dig much deeper into their pockets for other works by Michalis Economou - we have observed the highest auction result to date for the work Along The Shore, which sold at auction in May 2007 for GBP 198,000.00 (€ 291,370.40).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Greek the House That He Dreams Of (Hydra) von Michalis Economou wurde im Mai 2011 in der Auktion The Greek Sale bei Sothebys in London versteigert. Der dabei erzielte Preis von GBP 121.250,00 (€ 138.649,75) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 100.000,00 – 150.000,00 angegeben worden. Für andere Arbeiten von Michalis Economou mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Along The Shore beobachtet, die im Mai 2007 für GBP 198.000,00 (€ 291.370,40) versteigert wurde.

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