Otis Kwame Kye Quaicoe

Bold and Vibrant

Found at Bonhams, London
Modern & Contemporary African Art, Lot 46
9. Mar - 9. Mar 2022
Estimate: 12.000 - 18.000 GBP
Price realised: 16.500 GBP
Otis Kwame Kye Quaicoe (Ghanaian, born 1990)
Bold and Vibrant
signed 'Kwame Kye' (lower right); further signed, inscribed and dated 2017 (verso)
acrylic on canvas
95 x 125cm (37 3/8 x 49 3/16in).
Acquired from the Artist's Alliance Gallery, Accra; | A private collection.

Auction result well in line with expectations

The work Bold and Vibrant by Otis Kwame Kye Quaicoe was sold in the Modern & Contemporary African Art auction at Bonhams in London in March last year. It changed hands for a price of GBP 16,500.00 (€ 19,562.61) achieving a result in the upper range of the estimate price range of GBP 12,000.00 – 18,000.00. Of course, this price has nothing to do with the top prices that other works by Otis Kwame Kye Quaicoe achieve. The highest price we have observed so far was reached by the work Shade of Black in July 2020 with an auction result of USD 250,000.00 (€ 212,332.26).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Bold and Vibrant von Otis Kwame Kye Quaicoe wurde im März letzten Jahres in der Auktion Modern & Contemporary African Art bei Bonhams in London versteigert. Dabei wechselte sie für einen Preis von GBP 16.500,00 (€ 19.562,61) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von GBP 12.000,00 – 18.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Otis Kwame Kye Quaicoe erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Shade of Black im Juli 2020 mit einem Auktionsergebnis von USD 250.000,00 (€ 212.332,26).

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