Peter Cain's Auction Record Jumps 39%
3 min read · 27 Sep 2024
500 SL #3. Image courtesy of Phillips
Peter Cain, 500 SL #3 (1992) sold for $107,900, more than twice the low estimate at Phillips in New York on September 25. The oil on linen work has been traded once in the past.
The sale beat the artist’s previous auction record by $30,400, a 39% rise.
Omega. Image courtesy of Sotheby's
The previous record was set by Omega (1994), which sold for $77,500 at Sotheby's on November 15, 2019. The work had not been traded before.
| Sale Date | Title | Price | Record Increase | Venue | City |
|---|---|---|---|---|---|
| 2024-09-25 | 500 SL #3 | $107,900 | 39 % | Phillips | New York |
| 2019-11-15 | Omega | $77,500 | 19 % | Sotheby's | New York |
| 2006-09-13 | Untitled - upside-down car | $65,000 | 30 % | Christie's | New York |
| 2005-05-12 | Prelude no.3 | $50,000 | 43 % | Christie's | New York |
| 2004-11-11 | Untitled | $35,000 | - | Christie's | New York |