William Mcgregor Paxton

Ernest Fosbery Esq.

Found at Sothebys, New York
American Art, Lot 74
16. Nov - 16. Nov 2018
Estimate: 50.000 - 70.000 USD
Price realised: 52.500 USD
William McGregor Paxton
1869 - 1941
ERNEST FOSBERY ESQ.
signed PAXTON (lower left)
oil on canvas
40 by 30 1/8 inches
(101.6 by 76.5 cm)
Painted circa 1904.
The artist | Arthur Spear, Jr., Briarcliff, New Hampshire | [With] Cooley Gallery, Simsbury, Connecticut, 1986 | Richard York Gallery, New York | Acquired by the present owner from the above

Auction result well in line with expectations

The work Ernest Fosbery Esq. by William McGregor Paxton was auctioned at Sothebys in New York in November 2018. The estimated price for the artwork was previously given by the auction house with a range of USD 50,000.00 – 70,000.00, the actual price achieved of USD 52,500.00 (€ 46,365.80) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by William McGregor Paxton achieve. The highest price we have observed so far was reached by the work The Letter in April 2002 with an auction result of USD 834,500.00 (€ 927,016.22).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Ernest Fosbery Esq. von William McGregor Paxton kam im November 2018 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 50.000,00 – 70.000,00 angegeben, der tatsächlich erzielte Preis von USD 52.500,00 (€ 46.365,80) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von William McGregor Paxton erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Letter im April 2002 mit einem Auktionsergebnis von USD 834.500,00 (€ 927.016,22).

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