Burhan Dogançay

Arabian Horse (from the Ribbons series)

Found at Christies, Dubai
Modern & Contemporary Art, Lot 28
18. Oct - 18. Oct 2016
Estimate: 100.000 - 150.000 USD
Price realised: 125.000 USD
signed, inscribed and dated 'B Dogancay 1978 N.Y.C' (on the reverse)
acrylic on canvas
60 x 60in. (152.4 x 152.4cm.)
Painted in 1978
Foster Harmon Galleries of American Art, Sarasota. | Acquired from the above by the present owner in 1987.

Auction result well in line with expectations

The work Arabian Horse (from the Ribbons series) by Burhan Cahit Doğançay was auctioned at Christies in Dubai in October 2016. The price achieved of USD 125,000.00 (€ 114,030.29) was within expectations - the estimate range had previously been set by the auction house as USD 100,000.00 – 150,000.00. However, buyers have had to dig much deeper into their pockets for other works by Burhan Cahit Doğançay - we have observed the highest auction result to date for the work Whispering Wall Ii, which sold at auction in April 2011 for GBP 277,250.00 (€ 312,231.28).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Arabian Horse (from the Ribbons series) von Burhan Cahit Doğançay kam im Oktober 2016 bei Christies in Dubai zur Auktion. Der dabei erzielte Preis von USD 125.000,00 (€ 114.030,29) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 100.000,00 – 150.000,00 angegeben worden. Für andere Arbeiten von Burhan Cahit Doğançay mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Whispering Wall Ii beobachtet, die im April 2011 für GBP 277.250,00 (€ 312.231,28) versteigert wurde.

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