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Percy Gray - Seated Indian Chief

Percy Gray

Seated Indian Chief

Found at Bonhams
Western Art, Lot 52
26. Apr - 26. Apr 2023
Estimate: XX.XXX
Price realised: XX.XXX
Percy Gray (1869-1952)
Seated Indian Chief
signed and dated 'Percy Gray 1909' (lower right)
pencil on paper
sight 15 x 11 in.
framed 21 x 16 1/2 in.
Butterfield & Butterfield, Los Angeles, California Paintings, July 12, 1990, lot 2182. | Property from a Corporate Collection, Los Angeles, from the above.

Upper estimate price exceeded by 49 %.

In April this year Bonhams held the auction Western Art, which included the work Seated Indian Chief by Percy Gray. The »bidding war« ended at USD 4,462.50 (€ 4,042.12), 49% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Percy Gray achieve. The highest price we have observed so far was reached by the work Eucalyptus Grove, Morning in June 2002 with an auction result of USD 74,090.00 (€ 75,172.48).

Oberer Schätzpreis um 49 % übertroffen

Im April diesen Jahres führte Bonhams die Auktion Western Art durch, in der auch die Arbeit Seated Indian Chief von Percy Gray zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 4.462,50 (€ 4.042,12) und damit 49% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Percy Gray erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Eucalyptus Grove, Morning im Juni 2002 mit einem Auktionsergebnis von USD 74.090,00 (€ 75.172,48).

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