Stuart Davis

Rue Lipp

Found at Sothebys, New York
Impressionist & Modern Art Evening Sale, Lot 52
12. Nov - 12. Nov 2018
Estimate: 6.000.000 - 8.000.000 USD
Price realised: 6.847.200 USD
Stuart Davis
1892 - 1964
RUE LIPP
Signed Stuart Davis (lower right)
Oil on canvas
31 3/4 by 39 1/4 in.
80.6 by 99.6 cm
Painted in 1928.
Alfred Auerbach, New York (acquired circa 1933) | Downtown Gallery, New York (acquired by 1963) | Mr. & Mrs. Berry R. Peril, Rydal, Pennsylvania (acquired by 1965) | Merriewold West, Inc., Far Hills, New Jersey | Mary Lea Johnson, New Jersey | Andrew Crispo, New York (and sold: Sotheby’s, New York, December 3, 1997, lot 153) | Acquired at the above sale

A top price for Stuart Davis - as previously expected

The work Rue Lipp by Stuart Davis was auctioned at Sothebys in New York in November 2018. The price achieved of USD 6,847,200.00 (€ 6,047,160.65) was within expectations - the estimate range had previously been set by the auction house as USD 6,000,000.00 – 8,000,000.00. Even if this result could not surprise positively, Rue Lipp is the most expensive artwork by Stuart Davis that we have observed at auctions so far.

Ein Spitzenpreis mit Ansage

Die Arbeit Rue Lipp von Stuart Davis kam im November 2018 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 6.847.200,00 (€ 6.047.160,65) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 6.000.000,00 – 8.000.000,00 angegeben worden. Auch wenn das Ergebnis damit nicht positiv überraschen konnte, ist Rue Lipp das teuerste Kunstwerk von Stuart Davis, das wir bisher bei Auktionen beobachtet haben.

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