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George Benjamin Luks - Old Schoolhouse, Ryders

George Benjamin Luks

Old Schoolhouse, Ryders

Found at Sothebys, New York
American Art, Including the Collection of George S. Parker II from the Caxambas Foundation, Lot 121
20. Oct - 20. Oct 2016
Estimate: XX.XXX
Price realised: XX.XXX
George Benjamin Luks
1867 - 1933
OLD SCHOOLHOUSE, RYDERS
signed George Luks and inscribed Ryders Mill (lower right); inscribed Old Schoolhouse Ryders / Berk. Hills / 130 (verso)
watercolor over traces of pencil on paper
14 by 20 inches
(35.6 by 50.8 cm)
Executed circa 1929.
Harris M. Steinberg | Frank K.M. Rehn, New York | Rita and Daniel Fraad, 1957 (and sold: Sotheby's, New York, December 1, 2004, lot 35) | Acquired from the above sale by the present owner

Auction result well in line with expectations

The work Old Schoolhouse, Ryders by George Benjamin Luks was auctioned at Sothebys in New York in October 2016. The estimated price for the artwork was previously given by the auction house with a range of USD 8,000.00 – 12,000.00, the actual price achieved of USD 8,750.00 (€ 7,982.12) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by George Benjamin Luks achieve. The highest price we have observed so far was reached by the work Lily Williams in May 2010 with an auction result of USD 1,874,500.00 (€ 1,515,482.25).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Old Schoolhouse, Ryders von George Benjamin Luks kam im Oktober 2016 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 8.000,00 – 12.000,00 angegeben, der tatsächlich erzielte Preis von USD 8.750,00 (€ 7.982,12) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von George Benjamin Luks erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Lily Williams im Mai 2010 mit einem Auktionsergebnis von USD 1.874.500,00 (€ 1.515.482,25).

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