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Werner Drewes - Composition #468

Werner Drewes

Composition #468

Found at Sothebys, New York
American Paintings, Drawings and Sculpture, Lot 53
9. Jun - 9. Jun 2016
Estimate: XX.XXX
Price realised: XX.XXX
Werner Drewes
1899 - 1985
COMPOSITION #468
signed Drewes (lower left), signed with the artist's device and dated 46 (lower right); signed with the artist's device, numbered 468 and dated 46 (on the reverse)
oil on canvas
30 by 44 inches
(76 by 111.7 cm)
Tilden-Foley Gallery, New Orleans | Acquired from the above by the present owner

Auction result misses estimated price range

In June 2016 a collector was able to acquire the work Composition #468 by Werner Drewes for USD 15,000.00 (€ 13,596.81). This price was achieved in the auction American Paintings, Drawings and Sculpture at Sothebys in New York and was even below the estimate range of USD 20,000.00 – 30,000.00 set by the auction house. 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 verfehlt die Schätzpreisspanne

Im Juni 2016 konnte ein Sammler die Arbeit Composition #468 von Werner Drewes für USD 15.000,00 (€ 13.596,81) erwerben. Dieser Preis wurde in der Auktion American Paintings, Drawings and Sculpture bei Sothebys in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 20.000,00 – 30.000,00. 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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