Ernest Fiene

East River Corner

Found at Sothebys, New York
American Art, Lot 28
6. Mar - 6. Mar 2019
Estimate: 12.000 - 18.000 USD
Price realised: 8.125 USD
Ernest Fiene
1894 - 1966
EAST RIVER CORNER
signed E. Fiene- (lower left); also signed again and titled East River Corner (on the stretcher) 
oil on canvas
34 1/4 by 42 inches
(86.9 by 106.6 cm)
Private collection, New Jersey | Sold: Rose Hill Auction Gallery, Englewood, New Jersey, October 28, 2002, lot 272 | Acquired by the present owner at the above sale

Auction result misses estimated price range

In March 2019 a collector was able to acquire the work East River Corner by Ernest Fiene for USD 8,125.00 (€ 7,236.37). This price was achieved in the auction American Art at Sothebys in New York and was even below the estimate range of USD 12,000.00 – 18,000.00 set by the auction house. Admittedly, works by Ernest Fiene have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Winter Day, Pittsburgh in November 2018 with an auction result of USD 37,500.00 (€ 33,118.43).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im März 2019 konnte ein Sammler die Arbeit East River Corner von Ernest Fiene für USD 8.125,00 (€ 7.236,37) erwerben. Dieser Preis wurde in der Auktion American Art bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 12.000,00 – 18.000,00. Freilich wurden Arbeiten von Ernest Fiene auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Winter Day, Pittsburgh im November 2018 mit einem Auktionsergebnis von USD 37.500,00 (€ 33.118,43).

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