Herman Rose

Seventh Avenue Traffic

Found at Sothebys, New York
Two Centuries: American Art, Lot 107
3. Mar - 3. Mar 2021
Estimate: 500 - 700 USD
Price realised: 5.292 USD
Sold by the Order of the Trustees of The Hirshhorn Museum and Sculpture Garden to Benefit its Acquisition Program
Herman Rose
1909 - 2007
Seventh Avenue Traffic
signed Herman Rose (lower left)
oil on canvas
canvas: 18 by 14 ⅛ inches (45.7 by 35.9 cm)
framed: 22 ¼ by 18 ¼ inches (56.5 by 46.4 cm)
The artist | Joseph H. Hirshhorn, New York (probably acquired from the above) | Gift to the present owner, 1966

Artwork auctioned at seven times the upper estimate price

When the work Seventh Avenue Traffic by Herman Rose was auctioned at Sothebys in New York in March 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 700.00 but the actual price achieved was more than seven times as high at USD 5,292.00 (€ 4,506.51). Despite this good result, it is not the highest hammer price for an artwork by Herman Rose; that achieved among the auctions we observed the lot Flowers On A Chair sold at auction in April 2021 with the realized price of USD 8,190.00 (€ 6,807.98).

Kunstwerk zum Siebenfachen des oberen Schätzpreises versteigert

Als die Arbeit Seventh Avenue Traffic von Herman Rose im März 2021 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 700,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 5.292,00 (€ 4.506,51) mehr als siebenmal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Herman Rose; den erzielte unter den von uns beobachteten Auktionen die Arbeit Flowers On A Chair im April 2021 mit dem Hammerpreis von USD 8.190,00 (€ 6.807,98).

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