{"id":38362,"date":"2019-10-22T17:18:34","date_gmt":"2019-10-22T21:18:34","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=38362"},"modified":"2024-03-04T04:10:31","modified_gmt":"2024-03-04T09:10:31","slug":"najd-collection-sees-strong-results-in-london","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2019\/10\/najd-collection-sees-strong-results-in-london\/","title":{"rendered":"Najd Collection Sees Strong Results In London"},"content":{"rendered":"

Over in London, Sotheby\u2019s offered a selection of works from the Najd Collection \u2013 considered to be one of the greatest private collections, particularly of Orientalist works, in the world. In all, there were just 40 works up for grabs, many of which are highly sought-after subjects for the genre\u2026 as such, the results were pretty solid.<\/p>\n

\"Osman

Osman Hamdy Bey<\/p><\/div>\n

The top lot came midway through the sale; it was Osman Hamdy Bey\u2019s Koranic Instruction<\/em> at \u00a33.9M (\u00a34.6M\/$6M w\/p) on a \u00a33-5M estimate that led the way. That is certainly a solid price for the artist, but given the staggering results from just a few weeks ago at Bonham\u2019s London, I think some had loftier expectations\u2026 at the end of September, a small 16 x 20 inch work by Bey brought \u00a36.7M on a mere \u00a3600-800K estimate!<\/p>\n

Not too far behind was Ludwig Deutsch\u2019s The Tribute<\/em>, which features multiple figures and is considered to be the artist\u2019s most ambitious composition until that point. This work was expected to bring between \u00a31.5-2.5M, but surpassed that with a hammer price of \u00a33.6M (\u00a34.3M\/$5.56M w\/p). Interestingly, there is a near-identical painting the artist did under the title The Offering<\/em>\u2026 that work was put up for sale back in 2013 (also through Sotheby\u2019s London), and made just \u00a32.15M (with premiums) at the time.<\/p>\n

\"Ludwig

Ludwig Deutsch<\/p><\/div>\n

Rounding out the top three was Market in Jaffa<\/em> by Gustav Bauernfeind\u2026 the large work, completed in 1887, depicts a bustling outdoor market in the daytime. The work was estimated to sell between \u00a32.5-3.5M, and landed perfectly at \u00a33.1M (\u00a33.7M\/$4.8M w\/p). Additionally, there were a number of lots that performed fairly well\u2026 in total, 17 works topped their estimate including those by Charles Wilda (\u00a3300K – \u00a380-120K est.), Costa (\u00a3312K – \u00a3100-150K est.), Goodall (\u00a3100K – \u00a330-50K est.), Robertson (\u00a3663K – \u00a3150-200K est.), and the top outperformer Jos\u00e9 Benlliure Y Gil with a hammer price nearly 8 times the high estimate (\u00a3555K – \u00a350-70K est.).<\/p>\n

\"Gustav

Gustav Bauernfeind<\/p><\/div>\n

With that in mind, there were an equal number that went below the estimate (17) \u2013 that left them with an accuracy rate of just 15%. Among the underperformers were Bridgman (hammered at \u00a3180K on a \u00a3300-500K est.), G\u00e9r\u00f4me (hammered at \u00a3450K and \u00a32.2M on a \u00a3600-800K and \u00a33-5M est.), Ernst (hammered at \u00a3200K on a \u00a3300-500K est.), Deutsch (hammered at \u00a3550K on a \u00a3700K-1M est.). Additionally, a couple of major works failed altogether \u2013 a G\u00e9r\u00f4me carrying a \u00a31.5-2M estimate and a Bridgman sporting a \u00a3500-700K estimate.<\/p>\n

When the dust settled, just 5 works failed to find a buyer, leaving them with 87.5% sold and a grand total of \u00a326.7M\/$34.4M (\u00a332.3M\/$43.3M w\/p)\u2026 going in, Sotheby\u2019s was expecting between \u00a325-38.7M, so they made their mark even without the premiums.<\/p>\n","protected":false},"excerpt":{"rendered":"

Over in London, Sotheby\u2019s offered a selection of works from the Najd Collection \u2013 considered to be one of the greatest private collections, particularly of Orientalist works, in the world. In all, there were just 40 works up for grabs, … More…<\/a><\/p>\n","protected":false},"author":5,"featured_media":38363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[207,20,162],"class_list":["post-38362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-orientalist"],"yoast_head":"\nNajd Collection Sees Strong Results In London<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2019\/10\/najd-collection-sees-strong-results-in-london\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Najd Collection Sees Strong Results In London\" \/>\n<meta property=\"og:description\" content=\"Over in London, Sotheby\u2019s offered a selection of works from the Najd Collection \u2013 considered to be one of the greatest private collections, particularly of Orientalist works, in the world. 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