Yiannis Tsarouchis' Autumn artwork valued at $300,000

paulfrasercollectibles

2015-06-26 13:12:45

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Yiannis Tsarouchis' Autumn artwork valued at $300,000

Yiannis Tsarouchis' 1976 oil on canvas Autumn, valued at $300,000, auctions on April 24

Autumn, a seminal work by Greek artist Yiannis Tsarouchis (1910-1989) is to auction at Bonhams London on April 24.

The 1976 piece, which is offered from an Athenian private collection, is expected to bring in the region of 150,000-200,000 ($230,000-300,000).

Greek art auction at BonhamsYiannis Tsarouchis drew much of his inspiration from the working class youth of his home town, the Athenian port of Piraeus

Tsarouchis is regarded as one of the most important Greek painters of the 20th century: in elevating his working class models into symbols of the modern Greek spirit, he became known as both a painter of the people and an important classical artist.

Autumn features the figure of Dominic - an allegorical representation of the season - clasping a glass of wine.He isbordered by symbols of fruitfulness, including grapes and peaches.

A Tsarouchis canvas, featuring the artist in his study with a model and a helmet, brought 97,000 ($147,115) to Sotheby's London in October 2001.

According to Knight Frank's 2013 Wealth Report, fine art grew in value at a rate of 199% between 2002 and 2012.

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