Michalis Economou

Greek trees In A Landscape

Found at Sothebys, London
19th Century European Paintings, Lot 60
20. Nov - 20. Nov 2012
Estimate: 15.000 - 20.000 GBP
Price realised: 18.750 GBP
Michalis Economou
1888-1933
GREEKTREES IN A LANDSCAPE
signed in Greek lower left
oil on canvas
47 by 60cm., 18½ by 23¾in.
Private Collection, Canada

Auction result well in line with expectations

In November 2012 Sothebys in London held the auction 19th Century European Paintings, which included the work Greek trees In A Landscape by Michalis Economou. It changed hands for a price of GBP 18,750.00 (€ 23,098.10) achieving a result in the upper range of the estimate price range of GBP 15,000.00 – 20,000.00. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2012 führte Sothebys in London die Auktion 19th Century European Paintings durch, in der auch die Arbeit Greek trees In A Landscape von Michalis Economou zur Versteigerung kam. Dabei wechselte sie für einen Preis von GBP 18.750,00 (€ 23.098,10) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von GBP 15.000,00 – 20.000,00. 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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