Turay Mederic

Untitled

Found at Sothebys, London (Online Auction)
Contemporary Art Online | London, Lot 26
22. Aug - 22. Aug 2019
Estimate: 600 - 800 GBP
Price realised: 2.750 GBP
TURAY MEDERIC
b. 1979
UNTITLED
signed
acrylic, pastel, graphite and felt tip pen on paper
sheet: 31.5 by 24 cm. 12½ by 9½ in.
frame: 37.3 by 29.2 cm. 14¾ by 11½ in.
Executed in 2014.
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Jack Bell Gallery, London | Acquired from the above by the present owner

Artwork auctioned at three times the upper estimate price

This work without title by Turay Mederic was worth GBP 2,750.00 (€ 3,044.54) to a buyer in August 2019. This price was achieved in the auction Contemporary Art Online | London at Sothebys in London and exceeded the previously set upper estimate of GBP 800.00 many times over. Of course, this price has nothing to do with the top prices that other works by Turay Mederic achieve. The highest price we have observed so far was reached by the work Club 27, 2016 in March last year with an auction result of EUR 44,608.00.

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Die Arbeit ohne Titel von Turay Mederic war einem Käufer im August 2019 GBP 2.750,00 (€ 3.044,54) wert. Dieser Preise wurde in der Auktion Contemporary Art Online | London bei Sothebys in London erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von GBP 800,00 um ein Vielfaches. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Turay Mederic erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Club 27, 2016 im März letzten Jahres mit einem Auktionsergebnis von EUR 44.608,00.

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