Elizabeth Peyton Work Sells for $1.62m to Deliver a 14% Annualized Return
3 min read · 15 May 2025
Jarvis and Liam Smoking. Image courtesy of Christie's
Elizabeth Peyton, Jarvis and Liam Smoking (1997) sold for $1.62m, more than twice the low estimate at Christie's in New York on May 14.
The sale beat the previous auction result for this work by $1.53m, equivalent to an annualized return of 14%. It last sold at auction in 2003 for $90,000 at Sotheby's.
Oil on canvas, 30.8 x 23.2cm. The work has been traded 5 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-14 | $1.62m | 1703 % | Christie's | New York |
2003-11-13 | $90,000 | - | Sotheby's | New York |
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