Jacob Lawrence

Street Scene

Found at Phillips, New York
20th c. and Contemporary Art Day Sale - Morning Session, Lot 102
8. Dec - 8. Dec 2020
Estimate: 40.000 - 60.000 USD
Price realised: 69.300 USD
signed and dated “Jacob Lawrence 1951” lower center right
gouache, ink and graphite on paper
image 10 x 16 1/2 in. (25.4 x 41.9 cm)
sheet 17 3/4 x 23 1/2 in. (45.1 x 59.7 cm)
Executed in 1951.
Peter Nesbett, co-author of Jacob Laurence: Paintings, Drawings, and Murals, A Catalogue Raisonné, has provided his written opinion of the work's authenticity.
The Downtown Gallery, Inc., New York | David Terry, New York (acquired from the above in 1951) | Private Collection | Gifted from the above to the present owner in 2000

Upper estimated price slightly exceeded

The work Street Scene by Jacob Lawrence was sold in the 20th c. and Contemporary Art Day Sale - Morning Session auction at Phillips in New York in December 2020. The »bidding war« ended at USD 69,300.00 (€ 56,663.94), 16% above the upper estimate. 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 Street Scene von Jacob Lawrence wurde im Dezember 2020 in der Auktion 20th c. and Contemporary Art Day Sale - Morning Session bei Phillips in New York versteigert. Das »Bietergefecht« endete beim Preis von USD 69.300,00 (€ 56.663,94) und damit 16% über dem oberen Schätzpreis. 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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