Muzzumil Ruheel

Untitled (Portrait)

Found at Christies, New York (Online Auction)
South Asian Modern + Contemporary Art Online, Lot 75
15. Mar - 30. Mar 2022
Estimate: 600 - 800 USD
Price realised: 504 USD
MUZZUMIL RUHEEL (B. 1985)
Untitled (Portrait)
signed in Urdu and dated '2015' (on the reverse)
digital print and ink on paper
7 1 ⁄ 4 x 5 1 ⁄ 2 in. (18.4 x 14 cm.) image;
10 3 ⁄ 4 x 8 in. (27.3 x 20.3 cm.) sheet
Executed in 2015

Auction result misses estimated price range

When the work Untitled (Portrait) by Muzzumil Ruheel was auctioned at Christies in New York in March last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 600.00 – 800.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 504.00 (€ 454.34). Admittedly, works by Muzzumil Ruheel have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Holding On To The Sky in April 2021 with an auction result of GBP 3,000.00 (€ 3,450.87).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Untitled (Portrait) von Muzzumil Ruheel im März letzten Jahres bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 600,00 – 800,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 504,00 (€ 454,34) den Besitzer. Freilich wurden Arbeiten von Muzzumil Ruheel auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Holding On To The Sky im April 2021 mit einem Auktionsergebnis von GBP 3.000,00 (€ 3.450,87).

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