Sirak Melkonian

Untitled

Found at Christies, Dubai
Modern & Contemporary Art, Lot 143
16. Mar - 16. Mar 2016
Estimate: 25.000 - 30.000 USD
Price realised: 57.500 USD
signed and dated 'S. Melkonian 1957' (on the reverse)
oil on burlap
23 ¼ x 47 ¼in. (59 x 120cm.)
Painted in 1957
Acquired directly from the artist by the present owner.

Upper estimate price exceeded by 92 %.

This artwork by Sirak Melkonian achieved an unexpectedly high price at Christies in Dubai in March 2016. In the Modern & Contemporary Art auction, the work without title sold for USD 57,500.00 (€ 50,482.88) - well above the upper estimate of USD 30,000.00. Despite this good result, it is not the highest hammer price for an artwork by Sirak Melkonian; that achieved among the auctions we observed the lot Untitled (Saturn) sold at auction in June 2020 with the realized price of GBP 81,312.00 (€ 89,551.08).

Oberer Schätzpreis um 92 % übertroffen

Dieses Kunstwerk von Sirak Melkonian erzielte im März 2016 bei Christies in Dubai einen unerwartet hohen Preis. In der Auktion Modern & Contemporary Art wurde diese Arbeit ohne Titel für USD 57.500,00 (€ 50.482,88) versteigert – und damit weit über dem oberen Schätzpreis von USD 30.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Sirak Melkonian; den erzielte unter den von uns beobachteten Auktionen die Arbeit Untitled (Saturn) im Juni 2020 mit dem Hammerpreis von GBP 81.312,00 (€ 89.551,08).

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