Murat Germen

Muta-morphosis: Golden Horn, Istanbul

Found at Christies, Dubai
Modern and Contemporary Arab, Iranian and Turkish Art, Lot 75
19. Apr - 19. Apr 2011
Estimate: 12.000 - 18.000 USD
Price realised: 15.000 USD
Murat Germen (Turkish, B. 1965)
Muta-morphosis: Golden Horn, Istanbul
signed, dated and inscribed (on a label affixed to the reverse)
C-print mounted on 3mm dibond
33½ x 59in. (85 x 150cm.)
Executed in 2010; the work is number two from an edition of three

Auction result well in line with expectations

The work Muta-morphosis: Golden Horn, Istanbul by Murat Germen was auctioned at Christies in Dubai in April 2011. The price achieved of USD 15,000.00 (€ 10,120.77) was within expectations - the estimate range had previously been set by the auction house as USD 12,000.00 – 18,000.00. However, buyers have had to dig much deeper into their pockets for other works by Murat Germen - we have observed the highest auction result to date for the work Muta-morphosis Istanbul collage, which sold at auction in October 2011 for USD 50,000.00 (€ 35,850.00).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Muta-morphosis: Golden Horn, Istanbul von Murat Germen kam im April 2011 bei Christies in Dubai zur Auktion. Der dabei erzielte Preis von USD 15.000,00 (€ 10.120,77) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 12.000,00 – 18.000,00 angegeben worden. Für andere Arbeiten von Murat Germen mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Muta-morphosis Istanbul collage beobachtet, die im Oktober 2011 für USD 50.000,00 (€ 35.850,00) versteigert wurde.

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