Herman Rose

Waterfront

Found at Sothebys, New York
Joseph H. Hirshhorn: Collector for a Nation, Part II, Lot 58
6. Apr - 6. Apr 2021
Estimate: 500 - 700 USD
Price realised: 7.560 USD
Sold by the Order of the Trustees of The Hirshhorn Museum and Sculpture Garden to Benefit its Acquisition Program
Herman Rose
1909 - 2007
Waterfront
signed Herman Rose (lower right)
oil on canvas laid down on Masonite and tacked to stretchers
Masonite: 23 ¼ by 28 inches (59 by 71 cm)
framed: 25 ½ by 30 ½ inches (64.8 by 77.5 cm)
Painted in 1961.
The artist | Joseph H. Hirshhorn, New York (acquired from the above) | Gift to the present owner, 1966

Artwork auctioned at ten times the upper estimate price

When the work Waterfront by Herman Rose was auctioned at Sothebys in New York in April 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 ten times as high at USD 7,560.00 (€ 6,284.29). 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 Zehnfachen des oberen Schätzpreises versteigert

Als die Arbeit Waterfront von Herman Rose im April 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 7.560,00 (€ 6.284,29) mehr als zehnmal 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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