Jacob Lawrence

Celebration of Heritage

Found at Sothebys, New York
American Art, Lot 34
11. Dec - 11. Dec 2020
Estimate: 60.000 - 80.000 USD
Price realised: 94.500 USD
Jacob Lawrence
1917 - 2000
Celebration of Heritage
signed Jacob LAWRENCE and dated 91 (lower right)
gouache and pencil on paper
29 3/4 by 22 1/8 inches
(75.6 by 56.2 cm)
The artist | [with]Francine Seders Gallery, Seattle, Washington | Acquired by the present owner from the above, 2000

Upper estimated price slightly exceeded

The work Celebration of Heritage by Jacob Lawrence was auctioned at Sothebys in New York in December 2020. It achieved a price of USD 94,500.00 (€ 77,269.01), exceeding the upper end of the estimate range by 18%. Of course, this price has nothing to do with the top prices that other works by Jacob Lawrence achieve. The highest price we have observed so far was reached by the work The Businessmen in November 2018 with an auction result of USD 6,169,800.00 (€ 5,448,909.30).

Oberer Schätzpreis leicht übertroffen

Die Arbeit Celebration of Heritage von Jacob Lawrence kam im Dezember 2020 bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 94.500,00 (€ 77.269,01) und übertraf damit das obere Ende der Schätzpreisspanne um 18%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Jacob Lawrence erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Businessmen im November 2018 mit einem Auktionsergebnis von USD 6.169.800,00 (€ 5.448.909,30).

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