Edward Henry Potthast

Theatre Scene

Found at Sothebys, New York
American Art, Lot 47
6. Mar - 6. Mar 2019
Estimate: 8.000 - 12.000 USD
Price realised: 5.250 USD
Edward Henry Potthast
1857 - 1927
THEATRE SCENE
inscribed This drawing is by my/Great Uncle/Edward H. Potthast/Louise Potthast Weidman (on the reverse)
charcoal on paper
20 1/2 by 27 inches
(52.1 by 68.6 cm)
Louise Potthast-Weidman (great-niece of the artist), Cincinnati, Ohio | Ira Spanierman, New York  | Rita and Daniel Fraad, New York (acquired from the above, 1967; sold: Sotheby's, New York, December 1, 2004, lot 76) | Acquired by the present owner at the above sale

Auction result misses estimated price range

In March 2019 a collector was able to acquire the work Theatre Scene by Edward Henry Potthast for USD 5,250.00 (€ 4,675.81). This price was achieved in the auction American Art at Sothebys in New York and was even below the estimate range of USD 8,000.00 – 12,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Edward Henry Potthast achieve. The highest price we have observed so far was reached by the work The Water's Fine in May 2007 with an auction result of USD 1,384,000.00 (€ 1,028,766.82).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im März 2019 konnte ein Sammler die Arbeit Theatre Scene von Edward Henry Potthast für USD 5.250,00 (€ 4.675,81) erwerben. Dieser Preis wurde in der Auktion American Art bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 8.000,00 – 12.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Edward Henry Potthast erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Water's Fine im Mai 2007 mit einem Auktionsergebnis von USD 1.384.000,00 (€ 1.028.766,82).

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