Elie Nadelman

Seated Woman With Raised Arm

Found at Sothebys, New York
American Art, Lot 15
23. May - 23. May 2018
Estimate: 400.000 - 600.000 USD
Price realised: 435.000 USD
Elie Nadelman
1882 - 1946
SEATED WOMAN WITH RAISED ARM
galvano-plastique 
height: 49 inches (124.5 cm) on a 22 inch (55.9 cm) wood base
Executed circa 1926-27.
Estate of the artist | Grandson of the above | Tom Veilleux Gallery, Portland, Maine (acquired from the above) | Acquired by the present owner from the above

Auction result well in line with expectations

In May 2018 Sothebys in New York held the auction American Art, which included the work Seated Woman With Raised Arm by Elie Nadelman. The estimated price for the artwork was previously given by the auction house with a range of USD 400,000 - 600,000, the actual price achieved of USD 435,000 (€ 372,751) could thus just exceed the lower estimate. Other works by Elie Nadelman have already achieved higher auction prices, for example, in May 2012 the work Horse was auctioned for USD 842,500 (€ 681,414).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2018 führte Sothebys in New York die Auktion American Art durch, in der auch die Arbeit Seated Woman With Raised Arm von Elie Nadelman zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 400.000 – 600.000 angegeben, der tatsächlich erzielte Preis von USD 435.000 (€ 372.751) konnte den unteren Schätzpreis somit knapp übertreffen. Andere Arbeiten von Elie Nadelman konnten bereits höhere Auktionspreise erzielen, so wurde im Mai 2012 die Arbeit Horse für USD 842.500 (€ 681.414) versteigert.

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