Charles Demuth
Three Sailors Urinating
Estimate: 40.000 - 60.000 USD
Price realised: 214.200 USD
Price realised: 214.200 USD
Description
Property from the Collection of Seymour Stein
Charles Demuth
1883 - 1935
Three Sailors Urinating
watercolor and pencil on tracing paper
8½ by 9¼ in.
21.6 by 23.8 cm.
Executed circa 1930.
Robert E. Locher, Lancaster, Pennsylvania (acquired directly from the artist) | Richard Weyland, Lancaster, Pennsylvania (gifted from the above) | Shepherd Gallery, New York | Christie's New York, 26 May 1994, lot 130 | Acquired from the above by the present owner
Charles Demuth
1883 - 1935
Three Sailors Urinating
watercolor and pencil on tracing paper
8½ by 9¼ in.
21.6 by 23.8 cm.
Executed circa 1930.
Robert E. Locher, Lancaster, Pennsylvania (acquired directly from the artist) | Richard Weyland, Lancaster, Pennsylvania (gifted from the above) | Shepherd Gallery, New York | Christie's New York, 26 May 1994, lot 130 | Acquired from the above by the present owner
Artwork auctioned at three times the upper estimate price
The work Three Sailors Urinating by Charles Demuth was worth USD 214,200.00 (€ 199,608.61) to a buyer in May last year. This price was achieved in the auction Modern Day Auction at Sothebys in New York and exceeded the previously set upper estimate of USD 60,000.00 many times over. Admittedly, works by Charles Demuth have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work In The Key Of Blue in December 2013 with an auction result of USD 1,685,000.00 (€ 1,222,875.39).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Die Arbeit Three Sailors Urinating von Charles Demuth war einem Käufer im Mai letzten Jahres USD 214.200,00 (€ 199.608,61) wert. Dieser Preise wurde in der Auktion Modern Day Auction bei Sothebys in New York erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von USD 60.000,00 um ein Vielfaches. Freilich wurden Arbeiten von Charles Demuth auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit In The Key Of Blue im Dezember 2013 mit einem Auktionsergebnis von USD 1.685.000,00 (€ 1.222.875,39).
Charles Demuth - Auction history
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