Omar El-Nagdi

The Flute Player

Found at Bonhams, London (Online Auction)
Middle Eastern Art Online Sale, Lot 3
9. Feb - 22. Feb 2022
Estimate: 1.800 - 2.500 GBP
Price realised: 2.423 GBP
Omar El-Nagdi (Egypt, 1931-2019)
The Flute Player
mixed media on paper, framed
signed "Omar Nagdi" in Arabic (lower right)
56 x 39cm (22 1/16 x 15 3/8in).
Property from the collection of Dr Angelo Gioe, cultural attaché at the Italian Cultural Institute, Cairo 2003-2007

Auction result well in line with expectations

The work The Flute Player by Omar El-Nagdi was sold in the Middle Eastern Art Online Sale auction at Bonhams in London in February last year. It changed hands for a price of GBP 2,422.50 (€ 2,896.25) achieving a result in the upper range of the estimate price range of GBP 1,800.00 – 2,500.00. Of course, this price has nothing to do with the top prices that other works by Omar El-Nagdi achieve. The highest price we have observed so far was reached by the work Le Grand Cavalier in November this year with an auction result of GBP 216,300.00 (€ 250,644.66).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit The Flute Player von Omar El-Nagdi wurde im Februar letzten Jahres in der Auktion Middle Eastern Art Online Sale bei Bonhams in London versteigert. Dabei wechselte sie für einen Preis von GBP 2.422,50 (€ 2.896,25) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von GBP 1.800,00 – 2.500,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Omar El-Nagdi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Le Grand Cavalier im November diesen Jahres mit einem Auktionsergebnis von GBP 216.300,00 (€ 250.644,66).

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