Yesterday, VERGOS Auctions achieved the world’s highest selling price for a work by Yiannis Tsarouchis (1910-1989) at the New Greek Paintings and Sculptures auction held at the Zappeion Megaro.

In a hall full of art lovers and with participation by phone and online, the largest auction house in Greece confirmed the sale of the work “May” by Yiannis Tsarouchis at a price of 475,542 euros with a starting price of 200,000 euros. . As stated in the ad, the work belongs to a masterful series of 12 paintings created by the great master, one for each month of the year, drawing inspiration from Louis Philippe’s gold-backed decorations and 15th-century French images of the Crucifixion. century.

With 76% of the work in the hall and 85% with buyers after the sale, the turnover of the auction exceeded 2 million euros.

Among the many works that significantly exceeded the original estimate price, the work “Untitled” by Apostolos Georgios, which tripled the original estimate price (sold for 69,302 euros at an initial estimate of 20,000 euros), the work “Entre ciel et terre Pavlos (Dionysopoulos), which sold for €41,126, more than double its original estimate of €18,000, Takis (Vasilakis) “Signal” (1972), sold for €120,978 with an initial estimate of €80,000, as and “Composition with Female Figures and an Angel” and an accompanying sketch by Konstantinos Parthenis were sold for 95,770 euros from an initial estimate of 60,000 euros.

According to Andreas Vergos, Managing Director of VERGOS Auctions: “The world record of the leading artist Giannis Tsaruchis, as well as our house, deservedly puts our country on the international map of the secondary art market. The collectors once again demonstrated their confidence both in our home and in the value and timelessness of contemporary Greek art.”

Source: RES-IPE