Psatharis Auction: Kashalos painting sells for nearly €33,000 as part of €227,391 haul

18-6-2019 In-Cyprus In-Cyprus Cool

Psatharis Auction: Kashalos painting sells for...

The painting titled Harvest, created by Michail Kashalos, far surpassed the sum of €18,000 that it was expected to draw at the 26 th Psatharis Auction, held at the Hilton in Nicosia earlier this month.

Tense bidding by spenders determined to take Harvest home pushed the winning price to nearly double the painting’s estimate to €32,819.

Of the 120 items offered, 76 found buyers. The sale totalled €227,391, equalling 90 percent of total value, a 10% increase compared to last year’s spring auction. The result exceeded expectations, noting a record high since the Cyprus economy came close to...

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This article was automatically added to our system 18-6-2019

Psatharis Auction: Kashalos painting sells for nearly €33,000 as part of €227,391 haul

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