Mehdi Ghadyanloo

Undercurrents

Found at Sothebys, London
Made in Britain / Online, Lot 539
26. Nov - 26. Nov 2018
Estimate: 1.500 - 2.000 GBP
Price realised: 12.500 GBP
Mehdi Ghadyanloo
B.1981
UNDERCURRENTS
signed, titled, dated '2018' and inscribed on the canvas overlap; also dated and inscribed in Farsi on the canvas overlap; further dated and inscribed on the reverse
oil on canvas
Mehdi Ghadyanloo (b. 1981) is an Iranian artist who originally came to prominence internationally for his masterful and surrealistic murals created on over 100 massive walls in his native Tehran and then more recently in London and across the United States. Upon answering an open call from the Municipality of Tehran's Beautification Bureau at the beginning of his artistic career, Ghadyanloo set about creating gigantic scale public artworks in his
Subsequently, Ghadyanloo has gone on to achieve widespread global recognition for his utopian and philosophical paintings and sculptures which interrogate universal human precepts such as fear, hope and loss. Through the portrayal of minimal heterotopic environments, paradoxical architectural arrangements, and the repeated use of symbolic elements such as stairs, balloons and aeroplanes, Ghadyanloo invites us to consider new realities, both hopef
Ghadyanloo grew up on a farm on the outskirts of Tehran where he worked as a shepherd before going on to study art at the University of Tehran’s Faculty of Fine Arts. During his childhood, Ghadyanloo’s father was a soldier on the front lines of the Iran-Iraq war and the uncertain experiences of war and sanctions has had a lasting effect on Ghadyanloo’s psyche and artistic practice. His lived experiences and autobiographical perspective open
Ghadyanloo is active on the international stage and his works of art are held in important national museum collections. In 2015 Ghadyanloo was commissioned for a series of murals in London and then in 2016 through a sequence of public art projects in the United States he became the first Iranian artist to be officially commissioned by both the Iranian and American Governments since the 1979 Islamic Revolution. Ghadyanloo is a cultural ambassador

Artwork auctioned at six times the upper estimate price

When the work Undercurrents by Mehdi Ghadyanloo was auctioned at Sothebys in London in November 2018, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 2,000.00 but the actual price achieved was more than six times as high at GBP 12,500.00 (€ 14,099.62). Of course, this price has nothing to do with the top prices that other works by Mehdi Ghadyanloo achieve. The highest price we have observed so far was reached by the work Exploration of the Sun in September this year with an auction result of CNY 1,512,000.00 (€ 195,714.29).

Kunstwerk zum Sechsfachen des oberen Schätzpreises versteigert

Als die Arbeit Undercurrents von Mehdi Ghadyanloo im November 2018 bei Sothebys in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 2.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 12.500,00 (€ 14.099,62) mehr als sechsmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mehdi Ghadyanloo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Exploration of the Sun im September diesen Jahres mit einem Auktionsergebnis von CNY 1.512.000,00 (€ 195.714,29).

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