Edgar Payne

High Sierras

Found at Bonhams, Los Angeles
California Art, Lot 51
2. Aug - 2. Aug 2023
Estimate: 20.000 - 30.000 USD
Price realised: 53.760 USD
Edgar Payne (1883-1947)
High Sierras
signed 'Edgar Payne' (lower left)
oil on canvas
20 x 24 in.
framed 28 1/2 x 32 1/2 in.
Private Estate, Northern California. | Sold to benefit a Private Northern California College.

Upper estimate price exceeded by 79 %.

This artwork by Edgar Alwin Payne achieved an unexpectedly high price at Bonhams in Los Angeles in August this year. In the California Art auction, the work High Sierras sold for USD 53,760.00 (€ 49,598.67) - well above the upper estimate of USD 30,000.00. However, buyers have had to dig much deeper into their pockets for other works by Edgar Alwin Payne - we have observed the highest auction result to date for the work Red Mesa, Monument Valley, Utah, which sold at auction in April 2008 for USD 289,000.00 (€ 185,637.20).

Oberer Schätzpreis um 79 % übertroffen

Dieses Kunstwerk von Edgar Alwin Payne erzielte im August diesen Jahres bei Bonhams in Los Angeles einen unerwartet hohen Preis. In der Auktion California Art wurde die Arbeit High Sierras für USD 53.760,00 (€ 49.598,67) versteigert – und damit weit über dem oberen Schätzpreis von USD 30.000,00. Für andere Arbeiten von Edgar Alwin Payne mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Red Mesa, Monument Valley, Utah beobachtet, die im April 2008 für USD 289.000,00 (€ 185.637,20) versteigert wurde.

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