Jacob Lawrence Work Sells for $1.68m to Deliver a 8% Annualized Return
3 min read · 20 Nov 2025
The Carpenters. Image courtesy of Christie's
Jacob Lawrence, The Carpenters (1946) sold for $1.68m, more than twice the low estimate at Christie's in New York on November 20.
The sale beat the previous auction result for this work by $702,800, equivalent to an annualized return of 8%. It last sold at auction in 2019 for $980,000 at Sotheby's.
Gouache, watercolor and graphite on paper, 49.5 x 64.8cm. The work has been traded 4 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
November 20, 2025 | $1.68m | 72 % | Christie's | New York |
May 21, 2019 | $980,000 | - | Sotheby's | New York |
Get the HENI News Daily Art Digest delivered to your inbox