Andre Derain Work Sells for $28,700 to Deliver a 2% Annualized Return
3 min read · 13 Apr 2025
Paysage de Provence - Le Mont Olympe. Image courtesy of Sotheby's, Online
Andre Derain, Paysage de Provence - Le Mont Olympe (1930) sold for $28,700 (EUR25,400), more than the low estimate at Sotheby's, Online on April 11.
The sale beat the previous auction result for this work by $16,300, equivalent to an annualized return of 2%. It last sold at auction in 1994 for $12,400 at Christie's.
Oil on canvas, 33.7 x 41.5cm. The work has been traded 8 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-04-11 | $28,700 | 131 % | Sotheby's, Online | - |
1994-06-28 | $12,400 | -41 % | Christie's | London |
1988-02-18 | $21,000 | - | Christie's | New York |
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