Asher Brown Durand
Luman Reed
Estimate: 6.000 - 8.000 USD
Price realised: 62.500 USD
Price realised: 62.500 USD
Description
Asher Brown Durand (1796-1886)
oil on canvas laid down on masonite
30 ½ x 25 ½ in. (77.5 x 64.8 cm.)
Painted circa 1836.
The family of the sitter. | Private collection, Hopewell, New Jersey, by descent, 1937. | Scott & Fowles, New York, circa 1940. | Lawrence and Barbara Fleischman, Detroit, Michigan, by 1964. | Kennedy Galleries, Inc., New York, 1966. | Mr. and Mrs. John D. Rockefeller III, New York, acquired from the above, 1967. | Gift to the present owner from the above, 1979.
oil on canvas laid down on masonite
30 ½ x 25 ½ in. (77.5 x 64.8 cm.)
Painted circa 1836.
The family of the sitter. | Private collection, Hopewell, New Jersey, by descent, 1937. | Scott & Fowles, New York, circa 1940. | Lawrence and Barbara Fleischman, Detroit, Michigan, by 1964. | Kennedy Galleries, Inc., New York, 1966. | Mr. and Mrs. John D. Rockefeller III, New York, acquired from the above, 1967. | Gift to the present owner from the above, 1979.
Artwork auctioned at seven times the upper estimate price
When the work Luman Reed by Asher Brown Durand was auctioned at Christies in New York in May 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 8,000.00 but the actual price achieved was more than seven times as high at USD 62,500.00 (€ 51,254.72). Of course, this price has nothing to do with the top prices that other works by Asher Brown Durand achieve. The highest price we have observed so far was reached by the work Mountain Stream in May 2017 with an auction result of USD 967,500.00 (€ 861,071.56).
Kunstwerk zum Siebenfachen des oberen Schätzpreises versteigert
Als die Arbeit Luman Reed von Asher Brown Durand im Mai 2021 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 8.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 62.500,00 (€ 51.254,72) mehr als siebenmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Asher Brown Durand erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Mountain Stream im Mai 2017 mit einem Auktionsergebnis von USD 967.500,00 (€ 861.071,56).
Asher Brown Durand - Auction history
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