A 1931 garden statue estimated at $12,000 to $18,000 auctioned for an unexpected $118,000 this week. The 4-foot-tall bronze statue with a green patina was in the garden when a lucky man bought a home and its contents about 40 years ago. The owner was offered $3,000 for the statue a few years ago but kept it until last week's auction. The statue was made in Paris by Egyptian sculptor Mahmoud Mokhtar (1891-1934). Cleveland Auction Co. of Cleveland, Ohio, sold the piece, which set an auction record for the artist's bronzes.
Wednesday, November 4, 2009
GARDEN STATUE SELLS FOR RECORD PRICE
A 1931 garden statue estimated at $12,000 to $18,000 auctioned for an unexpected $118,000 this week. The 4-foot-tall bronze statue with a green patina was in the garden when a lucky man bought a home and its contents about 40 years ago. The owner was offered $3,000 for the statue a few years ago but kept it until last week's auction. The statue was made in Paris by Egyptian sculptor Mahmoud Mokhtar (1891-1934). Cleveland Auction Co. of Cleveland, Ohio, sold the piece, which set an auction record for the artist's bronzes.
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