- Art.Salon
- Artists
- Milton Avery
- Pilgrim Tower
Milton Avery
Pilgrim Tower
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Day Sale, Morning Session, Lot 220
16. May - 16. May 2023
20th Century & Contemporary Art Day Sale, Morning Session, Lot 220
16. May - 16. May 2023
Estimate: 40.000 - 60.000 USD
Price realised: 40.640 USD
Price realised: 40.640 USD
Description
signed and dated "Milton Avery 1957" lower right
watercolor on paper
20 x 26 in. (50.8 x 66 cm)
Executed in 1957.
This work will be accompanied by a letter of opinion from the Milton and Sally Avery Arts Foundation.
watercolor on paper
20 x 26 in. (50.8 x 66 cm)
Executed in 1957.
This work will be accompanied by a letter of opinion from the Milton and Sally Avery Arts Foundation.
Auction result well in line with expectations
In May this year Phillips in New York held the auction 20th Century & Contemporary Art Day Sale, Morning Session, which included the work Pilgrim Tower by Milton Avery. The estimated price for the artwork was previously given by the auction house with a range of USD 40,000.00 – 60,000.00, the actual price achieved of USD 40,640.00 (€ 38,145.30) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Milton Avery achieve. The highest price we have observed so far was reached by the work The Letter in May last year with an auction result of USD 6,069,500.00 (€ 5,656,043.24).
Auktionsergebnis im Rahmen der Erwartungen
Im Mai diesen Jahres führte Phillips in New York die Auktion 20th Century & Contemporary Art Day Sale, Morning Session durch, in der auch die Arbeit Pilgrim Tower von Milton Avery zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 40.000,00 – 60.000,00 angegeben, der tatsächlich erzielte Preis von USD 40.640,00 (€ 38.145,30) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Milton Avery erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Letter im Mai letzten Jahres mit einem Auktionsergebnis von USD 6.069.500,00 (€ 5.656.043,24).