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Wednesday, November 11, 2009

£3.5M GREEK SALE AT BONHAMS MAKES 16 WORLD RECORDS FOR GREEK ART Interest in Greek art is more than just a myth at Bonhams 15th Greek Sale


On Tuesday 10th November, Bonhams hosted their hugely successful Greek sale, with a selection of works ranging from 19thCentury classic art to high-profile modern and contemporary pieces, achieving world record prices. Across the entire sale, nearly 90% were sold by value.
 
The much anticipated feature of the sale was Constantinos Maleas’ (1879-1928) View of the Acropolis, exhibited at Paris in 1919, during a collective exhibition of modern Greek artists of the “Omada Texnis”. Exceeding its estimate, the stunning piece went on to sell for a staggering £311,200.
 
Another star lot within the auction was Nude A’ by Yiannis Moralis, depicting a feminine nude as a glowing time-softened marble statue. Expected to reach £120,000-180,000, its final hammer price was £276,000 for the spectacular piece imparting a sense of Doric dignity and Ionian elegance. 
 
An expressionistic formulation of a labyrinthine architectural complex by Nikos Hadjikyriakos-Ghika (1906-1994) entitledCalligraphy of a town was another much sought-after work within the sale. It reached £168,000 from an estimate of £80,000-120,000.
 
Further major lots included Spyros Papaloukas (1892-1957) vision of Mt. Athos, skete of the Three Hierarchs and the Holy Trinity which sold for £168,000. Théodore Jacques Ralli’s depiction of Resting in a Greek monastery also achieved £156,000. Michalis Economou, Houses by the sea also exceeded estimate of £60,000-£80,000 achieving £102,000.
 
 
Michaela Vergottis, Bonhams London Specialist in Greek Art comments: “Once again we had a packed saleroom with a real buzz and enthusiastic bidding. The Greek Art Market continues to shrug off any economic blues."
 
World records included:
 
1.             Gysis for a drawing by the artist
2.             Papaloucas lot 23
3.             Mavroidis lot 35
4.             Coulendianos - Crete lot 66
5.             Moralis - for a sculpture lot 91
6.             Zouni - lot 102
7.             Samaras - lot 119 record for a Greek sale - 3rd most expensive internationally
8.             Christou - lot 121
9.             Vergi - lot 133
10.               Kalogeropoulou - lot 153
11.               Ktistopoulou - lot 125
12.               Harissis - lot 125
13.              Maleas - lot 18 - 2ed most expensive
14.             Ghika - lot 33 - 3rd most expensive
15.             Moralis - lot 90 - 5th most expensive
16.            Condopoulos - lot 51 - 4th most expensive
 
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