Margaret Olley

Cornflowers and Pears, 1993

Found at Bonhams, Sydney
Important Australian Art, Lot 40
29. Aug - 29. Aug 2023
Estimate: 60.000 - 80.000 AUD
Price realised: 123.000 AUD
Margaret Olley (1923-2011)
Cornflowers and Pears, 1993
signed lower right: 'Olley'
oil on board
69.0 x 92.0cm (27 3/16 x 36 1/4in).

Upper estimate price exceeded by 54 %.

The work Cornflowers and Pears, 1993 by Margaret Olley was sold in the Important Australian Art auction at Bonhams in Sydney in August this year. It achieved a price of AUD 123,000.00 (€ 73,398.28), exceeding the upper end of the estimate range by 54%. Despite this good result, it is not the highest hammer price for an artwork by Margaret Olley; that achieved among the auctions we observed the lot Hawkesbury Wildflowers and Pears I, 1973 sold at auction in November 2021 with the realized price of AUD 159,900.00 (€ 141,667.40).

Oberer Schätzpreis um 54 % übertroffen

Die Arbeit Cornflowers and Pears, 1993 von Margaret Olley wurde im August diesen Jahres in der Auktion Important Australian Art bei Bonhams in Sydney versteigert. Sie erzielte dabei einen Preis von AUD 123.000,00 (€ 73.398,28) und übertraf damit das obere Ende der Schätzpreisspanne um 54%. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Margaret Olley; den erzielte unter den von uns beobachteten Auktionen die Arbeit Hawkesbury Wildflowers and Pears I, 1973 im November 2021 mit dem Hammerpreis von AUD 159.900,00 (€ 141.667,40).

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