Louis Legrand

Prince K: Two States

Found at Sothebys, New York
Prints & Multiples, Lot 65
24. Nov - 24. Nov 2015
Estimate: 1.500 - 2.000 USD
Price realised: 1.125 USD
Louis Legrand
1863 - 1951
PRINCE K: TWO STATES
Two etchings, 1909, the first Arwas' first of four states, each signed in pencil, the first inscribed 'n .3', the second numbered 19/65, the second from the Les Bars portfolio, each with the publisher's red monogram stamp (Lugt 1193), on laid paper, each with the Legrand watermark, the second with the Pellet watermark, published by Gustave Pellet, Paris, each framed (2 prints)
first plate: 279 by 217 mm 11 by 8 1/2 in
second plate: 194 by 141 mm 7 5/8 by 5 1/2 in

Auction result misses estimated price range

When the work Prince K: Two States by Louis Legrand was auctioned at Sothebys in New York in November 2015, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 1,500.00 – 2,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,125.00 (€ 1,065.14). Of course, this price has nothing to do with the top prices that other works by Louis Legrand achieve. The highest price we have observed so far was reached by the work Danseuses Saluant in June 2016 with an auction result of EUR 22,500.00.

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Prince K: Two States von Louis Legrand im November 2015 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 1.500,00 – 2.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.125,00 (€ 1.065,14) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Louis Legrand erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Danseuses Saluant im Juni 2016 mit einem Auktionsergebnis von EUR 22.500,00.

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