Art Exchange: Greek Auction in Paris Reaches €3.65 Million – Tsarouchis’ “Esatzis” Sells for €508,400

The recent Greek Sales auction in Paris was one of the most successful events of the past 15 years, with nearly 9 out of 10 works by Greek artists finding new owners at prices well above their estimates. The total turnover exceeded €3,650,000, highlighting the growing demand for Greek art internationally.

Top Greek artworks fetch record prices

The standout piece of the Bonhams auction, organized in collaboration with Art Expertise, was “Esatzis” by Yannis Tsarouchis, which sold for €508,400, one of the highest prices ever recorded for the painter’s work.

Other highlights included:

• “Epithalamio” by Yannis Moralis – €381,400
• “Landscape of Hydra” by Nikos Hadjikyriakos-Ghikas – €330,600, six times its initial estimate
• “Whirlwinds” by Hadjikyriakos-Ghikas – €152,800
• “Markos Botsaris” by Theophilos – €127,400
• Diptych “Erotokritos and Polydoros” by Yannis Tsarouchis – €127,400

Additional works by Bouzianis, Volanakis, Engonopoulos, and Rallis also achieved impressive prices, demonstrating strong international interest in Greek art.

Terpsichore Angelopoulou, director of Art Expertise, commented:

“We are very happy that after 25 years of presence in the Greek market, we continue to offer high-quality works with excellent provenance, extensive bibliography, and prices that encourage the creation of new collections.”

The Paris auction confirmed the continued prestige and appeal of Greek artists on the global stage, setting the tone for future international sales.