Joseph Stella

Souls In Purgatory

Found at Sothebys, New York
American Art, Lot 59
19. May - 19. May 2021
Estimate: 60.000 - 80.000 USD
Price realised: 50.400 USD
Joseph Stella
1877 - 1946
Souls in Purgatory
signed Joseph Stella (lower left)
oil on canvas
39 ¼ by 31 ½ inches
(99.7 by 80 cm)
Painted in 1929.
The artist | Estate of the above | Alan Pensler, Washington, D.C. | Rifkin Fine Arts, New York | Acquired by the present owner from the above

Auction result misses estimated price range

When the work Souls In Purgatory by Joseph Stella was auctioned at Sothebys in New York in May 2021, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 60,000.00 – 80,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 50,400.00 (€ 41,331.80). Of course, this price has nothing to do with the top prices that other works by Joseph Stella achieve. The highest price we have observed so far was reached by the work Tree of My Life in November 2018 with an auction result of USD 5,937,500.00 (€ 5,243,751.66).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Souls In Purgatory von Joseph Stella im Mai 2021 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 60.000,00 – 80.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 50.400,00 (€ 41.331,80) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Joseph Stella erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Tree of My Life im November 2018 mit einem Auktionsergebnis von USD 5.937.500,00 (€ 5.243.751,66).

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