Irene Rice Pereira

Fluctuating

Found at Sothebys, New York
Modern Discoveries, Lot 356
4. Mar - 18. Mar 2022
Estimate: 20.000 - 30.000 USD
Price realised: 56.700 USD
Irene Rice Pereira
1907 - 1971
Fluctuating
titled Fluctuating (on an original label affixed to the reverse)
oil and metal foil on glass and panel
11 1/4 by 12 3/4 in.
28.6 by 32.4 cm
Private Collection, New York | Parke-Bernet Galleries, Inc. New York, 27 January 1966, lot 36 (consigned by the above) | Private Collection, New York (acquired from the above) | Sotheby's New York, 9 June 2016, lot 16 (consigned by the above) | Acquired from the above by the present owner

Upper estimate price exceeded by 89 %.

This artwork by Irene Rice Pereira achieved an unexpectedly high price at Sothebys in New York in March last year. In the Modern Discoveries auction, the work Fluctuating sold for USD 56,700.00 (€ 51,113.31) - well above the upper estimate of USD 30,000.00. Despite this good result, it is not the highest hammer price for an artwork by Irene Rice Pereira; that achieved among the auctions we observed the lot Untitled (Generator) sold at auction in May last year with the realized price of USD 60,480.00 (€ 56,360.08).

Oberer Schätzpreis um 89 % übertroffen

Dieses Kunstwerk von Irene Rice Pereira erzielte im März letzten Jahres bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion Modern Discoveries wurde die Arbeit Fluctuating für USD 56.700,00 (€ 51.113,31) versteigert – und damit weit über dem oberen Schätzpreis von USD 30.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Irene Rice Pereira; den erzielte unter den von uns beobachteten Auktionen die Arbeit Untitled (Generator) im Mai letzten Jahres mit dem Hammerpreis von USD 60.480,00 (€ 56.360,08).

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Title: 'Sierra Nevada from Lone Pine California' (Winter Sunrise)
Price: not available
Found at Sothebys
2,028 auction results
Albert Herter - The Bouvier Twins
Albert Herter
Auction: 4. Mar - 18. Mar 2022
Title: The Bouvier Twins
Price: 63.000 USD
Found at Sothebys
9 auction results
Theodore Earl Butler - Au Jardin (In the Garden)
Theodore Earl Butler
Auction: 4. Mar - 18. Mar 2022
Title: Au Jardin (In the Garden)
Price: 60.480 USD
Found at Sothebys
43 auction results