Louis Stone

Untitled

Found at Sothebys, New York
American Art, Lot 9
4. Nov - 22. Nov 2021
Estimate: 15.000 - 25.000 USD
Price realised: 15.120 USD
Property of a New York Collector
Louis Stone
1902 - 1984
Untitled
signed Stone (lower left)
oil on canvas
canvas: 28 by 24 inches (71.1 by 61 cm)
framed: 35 ¼ by 31 ½ inches (89.5 by 80 cm)
Painted circa 1940.
Michael Rosenfeld Gallery, New York | Acquired by the present owner from the above, 2006

Auction result well in line with expectations

In November 2021 Sothebys in New York held the auction American Art, which included this untitled work by Louis Stone. The estimated price for the artwork was previously given by the auction house with a range of USD 15,000.00 – 25,000.00, the actual price achieved of USD 15,120.00 (€ 13,395.94) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Louis Stone - we have observed the highest auction result to date for the work Untitled (Abstract Composition), which sold at auction in October 2021 for USD 56,700.00 (€ 49,082.41).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2021 führte Sothebys in New York die Auktion American Art durch, in der auch diese Arbeit ohne Titel von Louis Stone zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 15.000,00 – 25.000,00 angegeben, der tatsächlich erzielte Preis von USD 15.120,00 (€ 13.395,94) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Louis Stone mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Untitled (Abstract Composition) beobachtet, die im Oktober 2021 für USD 56.700,00 (€ 49.082,41) versteigert wurde.

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