Hamed Nada

Untitled

Found at Christies, Dubai
Modern & Contemporary Arab, Iranian and Turkish Art, Lot 122
18. Mar - 18. Mar 2015
Estimate: 20.000 - 30.000 USD
Price realised: 25.000 USD
signed and dated in Arabic (lower left)
oil on panel
29 1/8 x 29 1/8in. (74 x 74cm.)
Painted in 1978
Collection of Dr. Mohammed Said Farsi, Jeddah. | Anon. sale, Christie's Dubai, 27 April 2010, lot 40. | Acquired at the above sale by the present owner.

Auction result well in line with expectations

This work without title by Hamed Nada was auctioned at Christies in Dubai in March 2015. The price achieved of USD 25,000.00 (€ 23,275.30) was within expectations - the estimate range had previously been set by the auction house as USD 20,000.00 – 30,000.00. Of course, this price has nothing to do with the top prices that other works by Hamed Nada achieve. The highest price we have observed so far was reached by the work Henna Eve in April 2010 with an auction result of USD 602,500.00 (€ 452,939.41).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Hamed Nada kam im März 2015 bei Christies in Dubai zur Auktion. Der dabei erzielte Preis von USD 25.000,00 (€ 23.275,30) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 20.000,00 – 30.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Hamed Nada erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Henna Eve im April 2010 mit einem Auktionsergebnis von USD 602.500,00 (€ 452.939,41).

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