Bernard Boutet De Monvel

South Works Steel Mill in Chicago, Illinois

Found at Christies, London
Impressionist and Modern Art Day and Works on Paper Sale, Lot 357
1. Jul - 1. Jul 2021
Estimate: 25.000 - 35.000 GBP
Price realised: 437.500 GBP
Bernard Boutet De Monvel (1881-1949)
South Works Steel Mill in Chicago, Illinois
signed 'BERNARD B. DE MONVEL' (lower left); inscribed 'Garder' (on the stretcher)
oil on canvas
28 ¾ x 19 5/8 in. (73 x 50 cm.)
Painted in 1928
- Hirschl & Adler Galleries, New York (no. APG 18976D.02). | Galerie du Luxembourg, Paris. | Barry Friedman Ltd., New York, by whom acquired from the above in 1982. | Private collection, by whom acquired from the above in 2000. | Acquired from the above by the present owner, 8 November 2012.

Artwork auctioned at 12 times the upper estimate price

When the work South Works Steel Mill in Chicago, Illinois by Bernard Boutet de Monvel was auctioned at Christies in London in July 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 35,000.00 but the actual price achieved was more than 12 times as high at GBP 437,500.00 (€ 513,059.47). Admittedly, works by Bernard Boutet de Monvel have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work S.A.R. Le Maharadjah D'Indore in April 2016 with an auction result of EUR 2,499,000.00.

Kunstwerk zum Zwölffachen des oberen Schätzpreises versteigert

Als die Arbeit South Works Steel Mill in Chicago, Illinois von Bernard Boutet de Monvel im Juli 2021 bei Christies in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 35.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 437.500,00 (€ 513.059,47) mehr als zwölfmal so hoch. Freilich wurden Arbeiten von Bernard Boutet de Monvel auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit S.A.R. Le Maharadjah D'Indore im April 2016 mit einem Auktionsergebnis von EUR 2.499.000,00.

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