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Werner Drewes - Abstract #366

Werner Drewes

Abstract #366

Found at Sothebys, New York
American Art, Lot 3
2. Oct - 2. Oct 2018
Estimate: XX.XXX
Price realised: XX.XXX
Werner Drewes
1899 - 1985
ABSTRACT #366
signed Drewes and inscribed with the artist's device (lower left); also signed again, numbered 366 and dated 45 (on the reverse) 
oil on canvas
12 by 22 inches
(30.5 by 55.9 cm)
Maxwell Galleries, San Francisco, California | Michael Greany Fine Art, Chicago, Illinois | Acquired by the present owner from the above, 2001

Auction result well in line with expectations

The work Abstract #366 by Werner Drewes was auctioned at Sothebys in New York in October 2018. The price achieved of USD 13,750.00 (€ 12,133.78) was within expectations - the estimate range had previously been set by the auction house as USD 12,000.00 – 18,000.00. Admittedly, works by Werner Drewes have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Expectation of New Events in November last year with an auction result of USD 75,975.00 (€ 73,597.79).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Abstract #366 von Werner Drewes kam im Oktober 2018 bei Sothebys in New York zur Auktion. Der dabei erzielte Preis von USD 13.750,00 (€ 12.133,78) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 12.000,00 – 18.000,00 angegeben worden. Freilich wurden Arbeiten von Werner Drewes auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Expectation of New Events im November letzten Jahres mit einem Auktionsergebnis von USD 75.975,00 (€ 73.597,79).

Werner Drewes - Auction history

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