- Art.Salon
- Artists
- Margaret Preston
- The Verandah
Margaret Rose Preston
The Verandah
Found at
Christies,
Melbourne
AUSTRALIAN AND INTERNATIONAL PAINTINGS, Lot 26
8. May - 9. May 2001
AUSTRALIAN AND INTERNATIONAL PAINTINGS, Lot 26
8. May - 9. May 2001
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
MARGARET ROSE PRESTON (1875-1963)
The Verandah
signed and dated 'M. Preston/1928' (lower left); titled indistinctly 'The Verandah' on label (affixed to the reverse)
oil on compressed card
44 x 53 cm
1
The Verandah
signed and dated 'M. Preston/1928' (lower left); titled indistinctly 'The Verandah' on label (affixed to the reverse)
oil on compressed card
44 x 53 cm
1
Auction result well in line with expectations
In May 2001 Christies in Melbourne held the auction AUSTRALIAN AND INTERNATIONAL PAINTINGS, which included the work The Verandah by Margaret Preston. The estimated price for the artwork was previously given by the auction house with a range of AUD 60,000.00 – 80,000.00, the actual price achieved of AUD 64,625.00 (€ 38,736.78) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Margaret Preston achieve. The highest price we have observed so far was reached by the work Australian Native Flowers, 1941, in April 2021 with an auction result of AUD 504,300.00 (€ 419,202.00).
Auktionsergebnis im Rahmen der Erwartungen
Im Mai 2001 führte Christies in Melbourne die Auktion AUSTRALIAN AND INTERNATIONAL PAINTINGS durch, in der auch die Arbeit The Verandah von Margaret Preston zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von AUD 60.000,00 – 80.000,00 angegeben, der tatsächlich erzielte Preis von AUD 64.625,00 (€ 38.736,78) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Margaret Preston erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Australian Native Flowers, 1941, im April 2021 mit einem Auktionsergebnis von AUD 504.300,00 (€ 419.202,00).