Niles Spencer

In Fairmont

Found at Sothebys, New York
American Art, Lot 33
17. May - 17. May 2012
Estimate: 100.000 - 150.000 USD
Price realised: 332.500 USD
Niles Spencer1893 - 1952
IN FAIRMONT
signed NILES SPENCER - © (lower right); also signed NILES SPENCER, dated '51 and titled IN FAIRMONT on the edge on the reverse
oil on canvas
65 1/2 by 41 1/2 inches
(166.3 by 105.4 cm)
The Downtown Gallery, New York | Given to the present owner by Edward Joseph Gallagher Jr. as the Edward Joseph Gallagher III Memorial Collection, 1956

A top price for Niles Spencer

This artwork by Niles Spencer achieved an unexpectedly high price at Sothebys in New York in May 2012. In the American Art auction, the work In Fairmont sold for USD 332,500.00 (€ 268,925.91) - well above the upper estimate of USD 150,000.00. This high result makes In Fairmont the most expensive artwork by Niles Spencer that we have observed at auctions so far.

Ein Spitzenpreis für Niles Spencer

Dieses Kunstwerk von Niles Spencer erzielte im Mai 2012 bei Sothebys in New York einen unerwartet hohen Preis. In der Auktion American Art wurde die Arbeit In Fairmont für USD 332.500,00 (€ 268.925,91) versteigert – und damit weit über dem oberen Schätzpreis von USD 150.000,00. Dieses hohe Ergebnis macht In Fairmont zu dem teuersten Kunstwerk von Niles Spencer, das wir bisher bei Auktionen beobachtet haben.

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