Marvin Cone

Rising Clouds

Found at Sothebys, New York
American Art, Lot 124
6. Oct - 6. Oct 2017
Estimate: 15.000 - 25.000 USD
Price realised: 23.750 USD
Marvin Cone
1891-1965
RISING CLOUDS
signed MARVIN D. CONE (lower left); titled "RISING CLOUDS" (on the upper stretcher bar)
oil on canvas
18 by 20 inches
(45.7 by 51 cm)
Painted circa 1926-27.
Martha Ely Weare and Marc Williams Bodine, Sr., 1928 (acquired as a wedding present, possibly from her sister-in-law Mrs. W. W. Walker or Cone patron Isaac B. Smith, all linked by business interests) | By descent to the present owner

Auction result well in line with expectations

In October 2017 Sothebys in New York held the auction American Art, which included the work Rising Clouds by Marvin Dorwart Cone. It changed hands for a price of USD 23,750.00 (€ 20,389.77) achieving a result in the upper range of the estimate price range of USD 15,000.00 – 25,000.00. Of course, this price has nothing to do with the top prices that other works by Marvin Dorwart Cone achieve. The highest price we have observed so far was reached by the work Stone City Landscape in November 2012 with an auction result of USD 752,500.00 (€ 578,401.23).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2017 führte Sothebys in New York die Auktion American Art durch, in der auch die Arbeit Rising Clouds von Marvin Dorwart Cone zur Versteigerung kam. Dabei wechselte sie für einen Preis von USD 23.750,00 (€ 20.389,77) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von USD 15.000,00 – 25.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Marvin Dorwart Cone erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Stone City Landscape im November 2012 mit einem Auktionsergebnis von USD 752.500,00 (€ 578.401,23).

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