Milton Avery
Quiet Cove
Estimate: 40.000 - 60.000 USD
Price realised: 37.800 USD
Price realised: 37.800 USD
Description
Milton Avery
1885 - 1965
Quiet Cove
signed Milton Avery and dated 1945 (lower right)
watercolor on paper mounted on board
22 1/2 by 30 1/2 in.
57.2 by 77.5 cm.
Executed in 1945.
This lot is accompanied by a letter of opinion from the Milton and Sally Avery Arts Foundation.
The Waddington Galleries, London | Private Collection, Dublin | By descent to the present owner
1885 - 1965
Quiet Cove
signed Milton Avery and dated 1945 (lower right)
watercolor on paper mounted on board
22 1/2 by 30 1/2 in.
57.2 by 77.5 cm.
Executed in 1945.
This lot is accompanied by a letter of opinion from the Milton and Sally Avery Arts Foundation.
The Waddington Galleries, London | Private Collection, Dublin | By descent to the present owner
Auction result misses estimated price range
When the work Quiet Cove by Milton Avery was auctioned at Sothebys in New York in July last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 40,000.00 – 60,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 37,800.00 (€ 37,051.56). 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 verfehlt die Schätzpreisspanne
Als die Arbeit Quiet Cove von Milton Avery im Juli letzten Jahres 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 40.000,00 – 60.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 37.800,00 (€ 37.051,56) den Besitzer. 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).
Milton Avery - Auction history
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