Saliba Douaihy
Untitled (Abstract)
Estimate: 10.000 - 15.000 GBP
Price realised: 69.300 GBP
Price realised: 69.300 GBP
Description
Property from the Collection of the Late Mr. Bostany, New York
SALIBA DOUAIHY
1915 - 1994
American/Lebanese
UNTITLED (ABSTRACT)
oil on canvas
69.5 by 110.5cm. 27 1/4 by 43 1/2 in.
Executed circa 1960s.
Please note: Condition 11 of the Conditions of Business for Buyers (Online Only) is not applicable to this lot. To view Shipping Calculator, please click here
Acquired directly from the artist by the present owner's father in 1979.
SALIBA DOUAIHY
1915 - 1994
American/Lebanese
UNTITLED (ABSTRACT)
oil on canvas
69.5 by 110.5cm. 27 1/4 by 43 1/2 in.
Executed circa 1960s.
Please note: Condition 11 of the Conditions of Business for Buyers (Online Only) is not applicable to this lot. To view Shipping Calculator, please click here
Acquired directly from the artist by the present owner's father in 1979.
Artwork auctioned at four times the upper estimate price
When the work Untitled (Abstract) by Saliba Douaihy was auctioned at Sothebys in London in October 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 15,000.00 but the actual price achieved was more than four times as high at GBP 69,300.00 (€ 76,951.74). However, buyers have had to dig much deeper into their pockets for other works by Saliba Douaihy - we have observed the highest auction result to date for the work without title, which sold at auction in May 2018 for USD 336,500.00 (€ 288,346.19).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Untitled (Abstract) von Saliba Douaihy im Oktober 2020 bei Sothebys in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 15.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 69.300,00 (€ 76.951,74) mehr als viermal so hoch. Für andere Arbeiten von Saliba Douaihy mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ohne Titel beobachtet, die im Mai 2018 für USD 336.500,00 (€ 288.346,19) versteigert wurde.
Saliba Douaihy - Auction history
Other artists in this auction
