Andre Lhote Work Sells for $47,900 to Deliver a 3% Annualized Return

Andre Lhote Work Sells for $47,900 to Deliver a 3% Annualized Return

3 min read  ·  13 May 2025

Femme nue en buste. Image courtesy of Christie's

Femme nue en buste. Image courtesy of Christie's

Andre Lhote, Femme nue en buste (1925) sold for $47,900, more than three times the low estimate at Christie's in New York on May 13.

The sale beat the previous auction result for this work by $35,900, equivalent to an annualized return of 3%. It last sold at auction in 1988 for $12,000 at Sotheby's.

Oil on paper laid down on canvas, 75.0 x 60.5cm. The work has been traded twice in the past.

Sale Date
Price
Price Increase
Venue
City
2025-05-13
$47,900
299 %
Christie's
New York
1988-10-07
$12,000
-
Sotheby's
New York

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