Ellsworth Kelly Work Sells for $4.41m to Deliver a 10% Annualized Return
3 min read · 13 May 2025
Blue Black Red. Image courtesy of Christie's
Ellsworth Kelly, Blue Black Red (1964) sold for $4.41m, more than the low estimate at Christie's in New York on May 12.
The sale beat the previous auction result for this work by $4.36m, equivalent to an annualized return of 10%. It last sold at auction in 1977 for $42,500 at Sotheby's.
Oil on canvas, 231.1 x 457.2cm. The work has been traded 3 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-12 | $4.41m | 10267 % | Christie's | New York |
1977-05-12 | $42,500 | - | Sotheby's | New York |
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