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Jean Helion Work Sells for $1.07m to Deliver a 5% Annualized Return

3 min read  ·  20 Nov 2024

Bande verte. Image courtesy of Christie's

Bande verte. Image courtesy of Christie's

Jean Helion, Bande verte (1936) sold for $1.07m, more than twice the low estimate at Christie's in New York on November 19.

The sale beat the previous auction result for this work by $892,400, equivalent to an annualized return of 5%. It last sold at auction in 1991 for $178,600 at Loudmer.

Oil On Canvas, 129.4 x 97.5cm. The work has been traded 5 times in the past.