Jacob Lawrence

The Family

Found at Sothebys, New York
American Art, Lot 5
4. Nov - 22. Nov 2021
Estimate: 1.200.000 - 1.800.000 USD
Price realised: 1.169.500 USD
Property from a Distinguished Private Collection
Jacob Lawrence
1917 - 2000
The Family
signed Jacob Lawrence and dated '64 (lower right)
tempera on board
board: 24 by 20 inches (61 by 50.8 cm)
framed: 31 ¼ by 27 inches (79.4 by 68.6 cm)
The artist | Terry Dintenfass, Inc., New York, 1965 | A Private Midwest Collection (acquired from the above) | By descent to the present owners

Auction result misses estimated price range

This work of art by Jacob Lawrence could be acquired at Sothebys in New York in November 2021 for an unexpectedly low price. In the American Art auction, the work The Family changed hands for USD 1,169,500.00 (€ 1,036,147.78) - missing the lower end of the estimate range of USD 1,200,000.00 – 1,800,000.00. Admittedly, works by Jacob Lawrence have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Businessmen in November 2018 with an auction result of USD 6,169,800.00 (€ 5,448,909.30).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Jacob Lawrence konnte im November 2021 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion American Art wechselte die Arbeit The Family für USD 1.169.500,00 (€ 1.036.147,78) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 1.200.000,00 – 1.800.000,00. Freilich wurden Arbeiten von Jacob Lawrence auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Businessmen im November 2018 mit einem Auktionsergebnis von USD 6.169.800,00 (€ 5.448.909,30).

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