Nadim Karam
Loopy Amber (From The Urban Toys Series)
Found at
Christies,
Dubai
Modern & Contemporary Arab, Iranian & Turkish Art Including Masterpieces from The Pharos Art Collection & From The Maath Alousi Collection, Lot 199
19. Mar - 19. Mar 2014
Modern & Contemporary Arab, Iranian & Turkish Art Including Masterpieces from The Pharos Art Collection & From The Maath Alousi Collection, Lot 199
19. Mar - 19. Mar 2014
Estimate: 30.000 - 40.000 USD
Price realised: 35.000 USD
Price realised: 35.000 USD
Description
Nadim Karam (Lebanese, b. 1957)
Loopy Amber (from the Urban Toys series)
signed in Arabic, signed and dated 'Nadim Karam 2013' (on the base)
mother of pearl buttons on wooden base
31½ x 19¾ x 4¾in. (80 x 50 x 12cm.)
Executed in 2013, this work is unique
Loopy Amber (from the Urban Toys series)
signed in Arabic, signed and dated 'Nadim Karam 2013' (on the base)
mother of pearl buttons on wooden base
31½ x 19¾ x 4¾in. (80 x 50 x 12cm.)
Executed in 2013, this work is unique
Auction result well in line with expectations
In March 2014 Christies in Dubai held the auction Modern & Contemporary Arab, Iranian & Turkish Art Including Masterpieces from The Pharos Art Collection & From The Maath Alousi Collection, which included the work Loopy Amber (From The Urban Toys Series) by Nadim Karam. The price achieved of USD 35,000.00 (€ 25,404.66) was within expectations - the estimate range had previously been set by the auction house as USD 30,000.00 – 40,000.00. 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).
Auktionsergebnis im Rahmen der Erwartungen
Im März 2014 führte Christies in Dubai die Auktion Modern & Contemporary Arab, Iranian & Turkish Art Including Masterpieces from The Pharos Art Collection & From The Maath Alousi Collection durch, in der auch die Arbeit Loopy Amber (From The Urban Toys Series) von Nadim Karam zur Versteigerung kam. Der dabei erzielte Preis von USD 35.000,00 (€ 25.404,66) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 30.000,00 – 40.000,00 angegeben worden. 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.
Nadim Karam - Auction history
Other artists in this auction
