Ansel Adams Work Sells for $28,200 But Delivers a 38% Negative Return

Ansel Adams, ‘Evening Clouds and Pool, East Side of the Sierra Nevada from the Owens Valley, California’, 1962 (1980), sold for $28,200, more than twice the low estimate at Sotheby's in New York on October 9.

The sale was below the previous auction result by $17,800, realizing a 38% negative return. It last sold at auction in 2007 for $46,000 at Sotheby's.

Gelatin silver print, 39.1 x 48.9cm. The work has been traded twice in the past.