Theyre Lee-Elliott

Olga; and Cityscape

Found at Christies, London
20th Century British Art including The Olga Davenport Collection, Lot 25
25. Mar - 25. Mar 2009
Estimate: 200 - 300 GBP
Price realised: 938 GBP
Theyre Lee-Elliott (1903-1988)
Olga; and Cityscape
signed 'lee-elliott' (lower right)
watercolour and bodycolour
20 x 12 in. (50.8 x 30.5 cm.) (2)

Artwork auctioned at three times the upper estimate price

When the work Olga; and Cityscape by Theyre Lee-Elliott was auctioned at Christies in London in March 2009, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 300.00 but the actual price achieved was more than three times as high at GBP 937.50 (€ 1,010.95). Despite this good result, it is not the highest hammer price for an artwork by Theyre Lee-Elliott; that achieved among the auctions we observed the lot London To Paris, Imperial Airways sold at auction in May 2013 with the realized price of GBP 1,250.00 (€ 1,461.45).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Olga; and Cityscape von Theyre Lee-Elliott im März 2009 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 300,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 937,50 (€ 1.010,95) mehr als dreimal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Theyre Lee-Elliott; den erzielte unter den von uns beobachteten Auktionen die Arbeit London To Paris, Imperial Airways im Mai 2013 mit dem Hammerpreis von GBP 1.250,00 (€ 1.461,45).

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