Milton Avery

The Letter

Found at Sothebys, New York
Modern Evening Auction, Lot 44
9. May - 18. May 2022
Estimate: 2.500.000 - 4.000.000 USD
Price realised: 6.069.500 USD
Eternal Style: A Private American Collection
Milton Avery
1885 - 1965
The Letter
signed Milton Avery and dated 1945 (lower right)
oil on canvas
34 by 48 in.
86.4 by 121.9 cm.
Executed in 1945. This lot will be accompanied by a forthcoming letter of opinion from the Milton and Sally Avery Arts Foundation, New York.
Paul Rosenberg & Co., New York (acquired directly from the artist) | The Fox Gallery, New York | Acquired from the above in 1974 by the present owner

A top price for Milton Avery

The work The Letter by Milton Avery was auctioned at Sothebys in New York in May last year. It achieved a price of USD 6,069,500.00 (€ 5,656,043.24), exceeding the upper end of the estimate range by 52%. This high result makes The Letter the most expensive artwork by Milton Avery that we have observed at auctions so far.

Ein Spitzenpreis für Milton Avery

Die Arbeit The Letter von Milton Avery kam im Mai letzten Jahres bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 6.069.500,00 (€ 5.656.043,24) und übertraf damit das obere Ende der Schätzpreisspanne um 52%. Dieses hohe Ergebnis macht The Letter zu dem teuersten Kunstwerk von Milton Avery, das wir bisher bei Auktionen beobachtet haben.

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