Louis Ritman

Girl on Balcony

Found at Christies, New York
Fine American Paintings, Drawings and Sculpture, Lot 78
7. Mar - 7. Mar 2008
Estimate: 20.000 - 30.000 USD
Price realised: 27.400 USD
Louis Ritman (1889-1963)
Girl on Balcony
signed 'L. Ritman' (lower left)
oil on canvas
36½ x 29 in. (92.7 x 73.7 cm.)
Painted circa 1917-18.

Auction result well in line with expectations

The work Girl on Balcony by Louis Ritman was sold in the Fine American Paintings, Drawings and Sculpture auction at Christies in New York in March 2008. The price achieved of USD 27,400.00 (€ 17,336.29) was within expectations - the estimate range had previously been set by the auction house as USD 20,000.00 – 30,000.00. Of course, this price has nothing to do with the top prices that other works by Louis Ritman achieve. The highest price we have observed so far was reached by the work In the Garden in November 2011 with an auction result of USD 542,500.00 (€ 403,255.78).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Girl on Balcony von Louis Ritman wurde im März 2008 in der Auktion Fine American Paintings, Drawings and Sculpture bei Christies in New York versteigert. Der dabei erzielte Preis von USD 27.400,00 (€ 17.336,29) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 20.000,00 – 30.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Louis Ritman erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit In the Garden im November 2011 mit einem Auktionsergebnis von USD 542.500,00 (€ 403.255,78).

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