Thaier Helal

Traffic Jam

Found at Christies, Dubai
Modern and Contemporary Arab, Iranian and Turkish ArtPart II, Lot 133
26. Oct - 26. Oct 2011
Estimate: 20.000 - 30.000 USD
Price realised: 22.500 USD
Thaier Helal (Syrian, b. 1967)
Traffic Jam
signed, dated and inscribed 'THAIER HELAL 2011 Thelal 2011 THAIER HELAL MIXED MEDIA ON CANVAS' (four times on the reverse)
acrylic, silver paint, glue and 270 plastic car toys on canvas
70 7/8 x 71in. (180 x 180.5cm.)
Executed in 2011

Auction result well in line with expectations

In October 2011 Christies in Dubai held the auction Modern and Contemporary Arab, Iranian and Turkish ArtPart II, which included the work Traffic Jam by Thaier Helal. The estimated price for the artwork was previously given by the auction house with a range of USD 20,000.00 – 30,000.00, the actual price achieved of USD 22,500.00 (€ 16,132.50) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Thaier Helal - we have observed the highest auction result to date for the work Fireworks, which sold at auction in April 2013 for USD 68,750.00 (€ 52,209.90).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2011 führte Christies in Dubai die Auktion Modern and Contemporary Arab, Iranian and Turkish ArtPart II durch, in der auch die Arbeit Traffic Jam von Thaier Helal zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von USD 22.500,00 (€ 16.132,50) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Thaier Helal mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Fireworks beobachtet, die im April 2013 für USD 68.750,00 (€ 52.209,90) versteigert wurde.

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