Edna Reindel - Contemplation

Edna Reindel

Contemplation

Found at Sothebys, New York
American Art, Lot 131
7. Apr - 7. Apr 2017
Estimate: XX.XXX
Price realised: XX.XXX
Edna Reindel
1894 - 1990
CONTEMPLATION
signed Edna Reindel and dated 1937 (lower right)
oil on canvas
32 by 26 inches
(81.3 by 66 cm)
Macbeth Gallery, New York | The Metropolitan Museum of Art (sold: Sotheby's Arcade, New York, March 25, 1997, lot 263, cover lot) | Acquired from the above sale by the present owner

Auction result well in line with expectations

The work Contemplation by Edna Reindel was sold in the American Art auction at Sothebys in New York in April 2017. The price achieved of USD 10,000.00 (€ 9,178.52) was within expectations - the estimate range had previously been set by the auction house as USD 8,000.00 – 12,000.00. However, buyers have had to dig much deeper into their pockets for other works by Edna Reindel - we have observed the highest auction result to date for the work Farm on Martha's Vineyard, which sold at auction in November 2018 for USD 25,000.00 (€ 22,078.95).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Contemplation von Edna Reindel wurde im April 2017 in der Auktion American Art bei Sothebys in New York versteigert. Der dabei erzielte Preis von USD 10.000,00 (€ 9.178,52) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 8.000,00 – 12.000,00 angegeben worden. Für andere Arbeiten von Edna Reindel mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Farm on Martha's Vineyard beobachtet, die im November 2018 für USD 25.000,00 (€ 22.078,95) versteigert wurde.

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