Fitz Henry Lane

Schooner "Loo Choo" In A Stormy Sea

Found at Sothebys, New York
American Art, Lot 48
26. Jun - 26. Jun 2020
Estimate: 80.000 - 120.000 USD
Price realised: 93.750 USD
Property from a New Jersey Estate
FITZ HENRY LANE
1804-1865
SCHOONER "LOO CHOO" IN A STORMY SEA
signed FHLane. and dated 1850 (lower right)
oil on canvas
20 ¼ by 30 ¼ inches
(51.4 by 76.8 cm)
Joseph Wescott, North Castine, Maine, 1850 | Frances Wescott Dyer, Castine, Maine, 1885 (his daughter) | William Dyer, Boston, Massachusetts and Castine, Maine, 1921 (her son) | Elizabeth D.W.M. Parker, New Canaan, Connecticut and Castine, Maine, 1945 (his stepdaughter) | By descent to the present owner, 1972

Auction result well in line with expectations

The work Schooner "Loo Choo" In A Stormy Sea by Fitz Henry Lane was auctioned at Sothebys in New York in June 2020. The price achieved of USD 93,750.00 (€ 83,474.31) was within expectations - the estimate range had previously been set by the auction house as USD 80,000.00 – 120,000.00. Of course, this price has nothing to do with the top prices that other works by Fitz Henry Lane achieve. The highest price we have observed so far was reached by the work The Golden Rule in May 2000 with an auction result of USD 3,966,000.00 (€ 4,251,715.27).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Schooner "Loo Choo" In A Stormy Sea von Fitz Henry Lane kam im Juni 2020 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 93.750,00 (€ 83.474,31) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 80.000,00 – 120.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Fitz Henry Lane erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Golden Rule im Mai 2000 mit einem Auktionsergebnis von USD 3.966.000,00 (€ 4.251.715,27).

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