Mike Francis

Docklands

Found at Christies, London
Christie's Interiors, Lot 309
12. Aug - 12. Aug 2008
Estimate: 400 - 600 GBP
Price realised: 125 GBP
Mike Francis, 20th Century
Docklands
signed 'MIKE/FRANCIS' (lower right)
oil on canvas
20 x 24 in. (50.8 x 61 cm.)

Auction result misses estimated price range

When the work Docklands by Mike Francis was auctioned at Christies in London in August 2008, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of GBP 400.00 – 600.00, of which not even the lower limit was reached - in fact, the artwork changed hands for GBP 125.00 (€ 155.00). Of course, this price has nothing to do with the top prices that other works by Mike Francis achieve. The highest price we have observed so far was reached by the work Hide and Sneak in July 2003 with an auction result of GBP 1,880.00 (€ 2,457.29).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Docklands von Mike Francis im August 2008 bei Christies in London versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von GBP 400,00 – 600,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für GBP 125,00 (€ 155,00) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mike Francis erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Hide and Sneak im Juli 2003 mit einem Auktionsergebnis von GBP 1.880,00 (€ 2.457,29).

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