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George Benjamin Luks - Sand Hole, Bronx

George Benjamin Luks

Sand Hole, Bronx

Found at Sothebys, New York
American Art, Lot 28
2. Oct - 2. Oct 2018
Estimate: XX.XXX
Price realised: XX.XXX
George Benjamin Luks
1867 - 1933
SAND HOLE, BRONX
signed George Luks - (lower right); also titled Sand Hole/Bronx and dated 1906 (on the reverse prior to lining) 
oil on canvas
25 by 30 inches
(63.5 by 76.2 cm)
Estate of the artist | Rehn Gallery, New York | Arnold Kornfield Collection, New York | Bernard Danenberg Galleries, New York | Sold: Christie's, New York, September 21, 1984, lot 181 | Forbes Magazine Collection (acquired at the above sale; sold: Christie's, New York, May 21, 1998, lot 143) | Acquired by the present owner at the above sale

Auction result well in line with expectations

The work Sand Hole, Bronx by George Benjamin Luks was auctioned at Sothebys in New York in October 2018. The estimated price for the artwork was previously given by the auction house with a range of USD 20,000.00 – 30,000.00, the actual price achieved of USD 22,500.00 (€ 19,855.28) 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 Sand Hole, Bronx von George Benjamin Luks kam im Oktober 2018 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von USD 22.500,00 (€ 19.855,28) 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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