Psatharis Auction House -
WORKS OF CYPRIOT
AND GREEK ARTISTS
RESULTS - The 24th Art Auction
The top highlights were Michail Kashalos, Telemachos
Kanthos, Konstantinos Maleas.
Psatharis Auction, comprising 118 works, was held on
23 May in Nicosia. With nearly 60% of the works
sold, the auction took in €195.000 in total
achieving 80% in value. The auction's offerings
mostly featured figurative art by artists from
Cyprus and Greece dating from the late 19th century
to date. The biggest part of the collection
comprised landscapes, stills and representations of
Sikosis (Carnival Masks), a magnificent painting
with a paradoxical religiosity by Cypriot naive art
painter Michail Kashalos was sold for €25.927
achieving the highest price under the hammer in this
year's Spring auction. The painting's presale
estimate was €17.000 - 22.000.
Kato Geitonia - Alona, a landscape by Telemachos
Kanthos with a presale estimate of €8.000 - 13.000
was sold for €10.606 and was second to Kashalos's
Maskes tis Sikosis.
Kallimarmaro-Athina, a structural landscape by Greek
post-impressionist Konstantinos Maleas, was sold for
€9.428, within its €8.000 - 13.000 presale estimate.
by Yannis Gaitis, fetched €5.892, within its €5.000
- 8.000 estimate.
Landscapes, stills and traditional art
prices for top works that did sell corraborated to
what founder and director Nikos Psatharis called "a
market where perception of historical identity
shapes our aesthetics". He also noted that the works
which did sell bore witness to a market of "amazing
landscapes, stills and traditional art works,"
with Goats at Midday by landscape artist Telemachos
Kanthos beat its bidding price of €3.800 with a
hammer price of €6.125. Prodromos, a watercolour by
prominent Cypriot artist Adamantios Diamantis,
smashed its presale estimate of €1.500 - 2.000 with
a hammer price of €5.303. Crucifixion by Fotos
Hadjisotiriou, was sold far above its pre-sale price
of €1.600 - 2,000 achieving €3.299.
City - Nicosia by Lefteris Economou was sold above
its presale estimate of €1.500 - 2.000 realizing
€3.535. Girl with a Swan by Xanthos Hadjisotiriou
also beat its presale price of €1.200 - 1.700
Andreas Charalambides was sold for €4.949 within its
presale valuation range of €3.900 - 5.500. Archaic,
a canvas by Giorgos Skoteinos achieved a price
slightly above its presale estimate of €1.500 -
2.000 fetching €2.592. Mountain and Sea by Stass was
sold within its presale estimate of €2.800 - 5.000
achieving a hammer price of €4.006.