Nadim Karam

Boy Carrying A Cloud

Found at Christies, Dubai
Modern and Contemporary Arab, Iranian and Turkish Art, Lot 39
19. Apr - 19. Apr 2011
Estimate: 20.000 - 25.000 USD
Price realised: 35.000 USD
Nadim Karam (Lebanese, B. 1957)
Boy Carrying A Cloud
signed (on the base)
coloured 'mother-of-pearl' beads on wooden board
24 1/3 X 20 1/3 X 4in. (62 x 52 x 10cm.)
Executed in 2011; this work is unique

Upper estimate price exceeded by 40 %.

In April 2011 Christies in Dubai held the auction Modern and Contemporary Arab, Iranian and Turkish Art, which included the work Boy Carrying A Cloud by Nadim Karam. The »bidding war« ended at USD 35,000.00 (€ 23,615.14), 40% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Nadim Karam - we have observed the highest auction result to date for the work Peacock Elephant, which sold at auction in October 2013 for USD 100,000.00 (€ 73,561.87).

Oberer Schätzpreis um 40 % übertroffen

Im April 2011 führte Christies in Dubai die Auktion Modern and Contemporary Arab, Iranian and Turkish Art durch, in der auch die Arbeit Boy Carrying A Cloud von Nadim Karam zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 35.000,00 (€ 23.615,14) und damit 40% über dem oberen Schätzpreis. Für andere Arbeiten von Nadim Karam mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Peacock Elephant beobachtet, die im Oktober 2013 für USD 100.000,00 (€ 73.561,87) versteigert wurde.

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