Leon Shulman Gaspard

New Year's Day Celebration in Smolensk

Found at Christies, New York
American Art, Lot 84
19. May - 19. May 2016
Estimate: 150.000 - 250.000 USD
Price realised: 173.000 USD
signed and dated 'Leon Gaspard/Smolensk/1935' (lower right)
oil on linen laid down on board
24 x 24 in. (61 x 61 cm.)
Painted in 1935.
The artist. | Dr. Norman Grant Tufford, Michigan, acquired from the above. | Private collection, by descent. | Sale: Frank H. Boos Gallery, Troy, Michigan, 27 July 1990, lot 140, sold by the above. | Private collection, Texas. | Christie's, New York, 30 November 1994, lot 51, sold by the above. | Acquired by the present owner from the above.

Auction result well in line with expectations

In May 2016 Christies in New York held the auction American Art, which included the work New Year's Day Celebration in Smolensk by Leon Shulman Gaspard. The estimated price for the artwork was previously given by the auction house with a range of USD 150,000.00 – 250,000.00, the actual price achieved of USD 173,000.00 (€ 155,365.96) could thus just exceed the lower estimate. Admittedly, works by Leon Shulman Gaspard have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Finish of the Kermesse in November 2007 with an auction result of USD 2,001,000.00 (€ 1,362,336.60).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2016 führte Christies in New York die Auktion American Art durch, in der auch die Arbeit New Year's Day Celebration in Smolensk von Leon Shulman Gaspard zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 150.000,00 – 250.000,00 angegeben, der tatsächlich erzielte Preis von USD 173.000,00 (€ 155.365,96) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Leon Shulman Gaspard auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Finish of the Kermesse im November 2007 mit einem Auktionsergebnis von USD 2.001.000,00 (€ 1.362.336,60).

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