Nazif Topcuoglu

Magic Carpets

Found at Sothebys, London
Contemporary Art/ Turkish, Lot 29
7. Apr - 7. Apr 2011
Estimate: 8.000 - 12.000 GBP
Price realised: 7.500 GBP
Nazif Topcuoglu
B. 1953
MAGIC CARPETS
signed, titled, dated 2010 and numbered 5/5 on a label affixed to the backing board
digital C-print mounted on foam-board, in artist's frame
114.5 by 173cm.; 45 1/8 by 68 2/8 in.
Executed in 2010, this work is number 5 from an edition of 5, plus 2 artist's proofs.

Auction result misses estimated price range

In April 2011 a collector was able to acquire the work Magic Carpets by Nazif Topçuoğlu for GBP 7,500.00 (€ 8,446.29). This price was achieved in the auction Contemporary Art/ Turkish at Sothebys in London and was even below the estimate range of GBP 8,000.00 – 12,000.00 set by the auction house. However, buyers have had to dig much deeper into their pockets for other works by Nazif Topçuoğlu - we have observed the highest auction result to date for the work Triptych, which sold at auction in April 2010 for GBP 21,250.00 (€ 24,454.59).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im April 2011 konnte ein Sammler die Arbeit Magic Carpets von Nazif Topçuoğlu für GBP 7.500,00 (€ 8.446,29) erwerben. Dieser Preis wurde in der Auktion Contemporary Art/ Turkish bei Sothebys in London erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von GBP 8.000,00 – 12.000,00. Für andere Arbeiten von Nazif Topçuoğlu mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Triptych beobachtet, die im April 2010 für GBP 21.250,00 (€ 24.454,59) versteigert wurde.

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