Hans Arp Work Sells for $825,500 to Deliver a 2% Annualized Return

Hans Arp, Sans Titre (1926) sold for $825,500, more than one and a half times the low estimate at Sotheby's in New York on May 13.

The sale beat the previous auction result for this work by $222,200, equivalent to an annualized return of 2%. It last sold at auction in 2013 for $603,300 at Sotheby's.

Painted wood relief and oil on board, 29.4 x 23.4cm. The work has been traded 3 times in the past.