Elmer Livingston Macrae

Still Life With Tulips

Found at Christies, New York
The House Sale, Lot 79
4. Aug - 4. Aug 2004
Estimate: 60 - 80 USD
Price realised: 1.016 USD
Elmer Livingston MacRae (American, 1875-1953)
Still life with tulips
signed and dated 'E.L. MacRae 1915' (center right)
watercolor and gouache on canvas laid down on board
sight 15 x 19 in. (38.1 x 48.3 cm.)

Artwork auctioned at 12 times the upper estimate price

When the work Still Life With Tulips by Elmer Livingston MacRae was auctioned at Christies in New York in August 2004, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 80.00 but the actual price achieved was more than 12 times as high at USD 1,015.75 (€ 833.74). Of course, this price has nothing to do with the top prices that other works by Elmer Livingston MacRae achieve. The highest price we have observed so far was reached by the work New York Winter Scene in August last year with an auction result of USD 19,125.00 (€ 19,001.49).

Kunstwerk zum Zwölffachen des oberen Schätzpreises versteigert

Als die Arbeit Still Life With Tulips von Elmer Livingston MacRae im August 2004 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 80,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 1.015,75 (€ 833,74) mehr als zwölfmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Elmer Livingston MacRae erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit New York Winter Scene im August letzten Jahres mit einem Auktionsergebnis von USD 19.125,00 (€ 19.001,49).

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