Otis Kwame Kye Quaicoe

Untitled, 2017

Found at Bonhams, London
Modern & Contemporary African Art, Lot 45
9. Mar - 9. Mar 2022
Estimate: 30.000 - 50.000 GBP
Price realised: 35.250 GBP
Otis Kwame Kye Quaicoe (Ghanaian, born 1990)
Untitled, 2017
signed 'Kye' (lower right of canvas illustrating woman with red lips)
acrylic and oil on canvas
each canvas: 46 x 45.8cm (18 1/8 x 18 1/16in).
(3)
Commissioned from the artist by the present owner in 2017.

Auction result well in line with expectations

In March last year Bonhams in London held the auction Modern & Contemporary African Art, which included the work Untitled, 2017 by Otis Kwame Kye Quaicoe. The price achieved of GBP 35,250.00 (€ 41,792.84) was within expectations - the estimate range had previously been set by the auction house as GBP 30,000.00 – 50,000.00. Admittedly, works by Otis Kwame Kye Quaicoe have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved 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

Im März letzten Jahres führte Bonhams in London die Auktion Modern & Contemporary African Art durch, in der auch die Arbeit Untitled, 2017 von Otis Kwame Kye Quaicoe zur Versteigerung kam. Der dabei erzielte Preis von GBP 35.250,00 (€ 41.792,84) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 30.000,00 – 50.000,00 angegeben worden. Freilich wurden Arbeiten von Otis Kwame Kye Quaicoe auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Shade of Black im Juli 2020 mit einem Auktionsergebnis von USD 250.000,00 (€ 212.332,26).

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