Charles Demuth
Acrobats
Found at
Christies,
New York
The Collection of Peggy and David Rockefeller: Art of the Americas, Evening Sale, Lot 417
09.Mai - 09.Mai.2018
The Collection of Peggy and David Rockefeller: Art of the Americas, Evening Sale, Lot 417
09.Mai - 09.Mai.2018
Estimate: 150.000 - 250.000 USD
Price realised: 75.000 USD
Price realised: 75.000 USD
Description
signed and dated 'C. Demuth • 1916--' (lower left)
watercolor and pencil on paper
8 x 10 ½ in. (20.3 x 26.7 cm.)
Executed in 1916.
(Possibly) [With]Daniel Gallery, New York. | (Possibly) Mr. and Mrs. Ansley K. Salz, San Francisco, California, acquired from the above, 1916. | (Possibly) Hill-Tollerton Galleries, San Francisco, California. | Alice Corbin Henderson, Santa Fe, New Mexico, (possibly) acquired from the above. | Alice Henderson Rossin, Santa Fe, New Mexico, daughter of the above, by descent from the above, 1949. | Peter H. Davidson & Co., Inc., New York, acquired from the above. | Acquired by the late owners from
watercolor and pencil on paper
8 x 10 ½ in. (20.3 x 26.7 cm.)
Executed in 1916.
(Possibly) [With]Daniel Gallery, New York. | (Possibly) Mr. and Mrs. Ansley K. Salz, San Francisco, California, acquired from the above, 1916. | (Possibly) Hill-Tollerton Galleries, San Francisco, California. | Alice Corbin Henderson, Santa Fe, New Mexico, (possibly) acquired from the above. | Alice Henderson Rossin, Santa Fe, New Mexico, daughter of the above, by descent from the above, 1949. | Peter H. Davidson & Co., Inc., New York, acquired from the above. | Acquired by the late owners from
Auction result misses estimated price range
When the work Acrobats by Charles Demuth was auctioned at Christies in New York in May 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 150,000.00 – 250,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 75,000.00 (€ 64,267.35). Of course, this price has nothing to do with the top prices that other works by Charles Demuth achieve. The highest price we have observed so far was reached by the work In The Key Of Blue in December 2013 with an auction result of USD 1,685,000.00 (€ 1,222,875.39).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Acrobats von Charles Demuth im Mai 2018 bei Christies in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 150.000,00 – 250.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 75.000,00 (€ 64.267,35) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Charles Demuth erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit In The Key Of Blue im Dezember 2013 mit einem Auktionsergebnis von USD 1.685.000,00 (€ 1.222.875,39).
Charles Demuth - Auction history
Other artists in this auction
