Lee Townsend
Jockey Uniform and Man with Binoculars at the Finish Line: A Double-Sided Work
Estimate: 2.000 - 3.000 USD
Price realised: 882 USD
Price realised: 882 USD
Description
Lee Townsend
1895 - 1965
Jockey Uniform and Man with Binoculars at the Finish Line: A Double-Sided Work
signed LEE TOWNSEND (lower left)
oil on Masonite
Masonite: 9 by 6 ½ inches (22.9 by 16.5 cm)
framed: 15 ½ by 13 inches (39.4 by 33 cm)
Painted circa 1940.
Frank J. Oehlschlaeger, Chicago, Illinois | Private collection | Acquired by the present owner from the above, circa 2016
1895 - 1965
Jockey Uniform and Man with Binoculars at the Finish Line: A Double-Sided Work
signed LEE TOWNSEND (lower left)
oil on Masonite
Masonite: 9 by 6 ½ inches (22.9 by 16.5 cm)
framed: 15 ½ by 13 inches (39.4 by 33 cm)
Painted circa 1940.
Frank J. Oehlschlaeger, Chicago, Illinois | Private collection | Acquired by the present owner from the above, circa 2016
Auction result misses estimated price range
When the work Jockey Uniform and Man with Binoculars at the Finish Line: A Double-Sided Work by Lee Townsend was auctioned at Sothebys in New York in March 2021, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 2,000.00 – 3,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 882.00 (€ 751.09). Of course, this price has nothing to do with the top prices that other works by Lee Townsend achieve. The highest price we have observed so far was reached by the work The Bookies in September 2020 with an auction result of USD 16,380.00 (€ 13,978.49).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Jockey Uniform and Man with Binoculars at the Finish Line: A Double-Sided Work von Lee Townsend im März 2021 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 2.000,00 – 3.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 882,00 (€ 751,09) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Townsend erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Bookies im September 2020 mit einem Auktionsergebnis von USD 16.380,00 (€ 13.978,49).
Lee Townsend - Auction history
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