Louis Ritman
In The Arbor
Estimate: 200.000 - 300.000 USD
Price realised: 182.500 USD
Price realised: 182.500 USD
Description
Louis Ritman1889 - 1963
IN THE ARBOR
signed L. Ritman (lower right)
oil on canvas
31 3/4 by 25 1/2 inches
(80.7 by 64.8 inches)
Painted circa 1914.
Private Collection, New York, circa 1940 | By descent in the family to the present owner, 1961
IN THE ARBOR
signed L. Ritman (lower right)
oil on canvas
31 3/4 by 25 1/2 inches
(80.7 by 64.8 inches)
Painted circa 1914.
Private Collection, New York, circa 1940 | By descent in the family to the present owner, 1961
Auction result misses estimated price range
This work of art by Louis Ritman could be acquired at Sothebys in New York in November 2012 for an unexpectedly low price. In the American Art auction, the work In The Arbor changed hands for USD 182,500.00 (€ 140,276.71) - missing the lower end of the estimate range of USD 200,000.00 – 300,000.00. However, buyers have had to dig much deeper into their pockets for other works by Louis Ritman - we have observed the highest auction result to date for the work In the Garden, which sold at auction in November 2011 for USD 542,500.00 (€ 403,255.78).
Auktionsergebnis verfehlt die Schätzpreisspanne
Dieses Kunstwerk von Louis Ritman konnte im November 2012 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion American Art wechselte die Arbeit In The Arbor für USD 182.500,00 (€ 140.276,71) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 200.000,00 – 300.000,00. Für andere Arbeiten von Louis Ritman mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit In the Garden beobachtet, die im November 2011 für USD 542.500,00 (€ 403.255,78) versteigert wurde.
Louis Ritman - Auction history
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