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A Ten-X Thursday in the Art Market

September 26, 2019 by Marion Maneker

Osman Hamdi Bey makes 10x the estimate at Bonhams in London; Martin Wong follows suit in New York; ARTBnk has some predictions for Christie's mid-season sale.

This commentary by Marion Maneker is available to AMMpro subscribers. (The first month of AMMpro is free and subscribers are welcome to sign up for the first month and cancel before they are billed.)

Osman Hamdi Bey Sells for £6.3m in London

The Turkish “Orientalist” Osman Hamdi Bey achieved a surprise record price at Bonhams’s 19th Century paintings sale in London today. Young Woman Reading sold for £6.315m against an estimate of £600,000-800,000. Three more works by Austrian painter Ludwig Deutsch, were also the subject of fierce bidding.

  • The Qanun Player sold for £1,167,000 (£300-500k)
  • The Connoisseur sold for £337,563. (£150-250k)
  • The Goza Smoker sold for £1,143,000 (£120-180k)

These four works made up the bulk of the sale’s £10.97m total.


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