Henri de Toulouse-Lautrec Work Sells for $26,300 But Delivers a 5% Negative Return

Henri de Toulouse-Lautrec Work Sells for $26,300 But Delivers a 5% Negative Return

3 min read  ·  06 Mar 2026

Horse's Head. Image courtesy of Christie's

Horse's Head. Image courtesy of Christie's

Henri de Toulouse-Lautrec, Horse's Head (1879), sold for $26,300 (GBP19,700), more than 12 times the low estimate at Christie's in London on March 6.

The sale was below the previous auction result by $1,553, realizing a 5% negative return. It last sold at auction in 2006 for $27,900 at Christie's.

Pencil on paper, 20.5 x 12.7cm. The work has been traded twice in the past.

Sale Date
Price
Price Increase
Venue
City
March 06, 2026
$26,300
-6 %
Christie's
London
February 09, 2006
$27,900
-
Christie's
London

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