Juan Gris Work Sells for $1.48m to Deliver a 3% Annualized Return

Juan Gris, Verre, journal et feuillage (1915) sold for $1.48m, more than the low estimate at Christie's in New York on November 19.

The sale beat the previous auction result for this work by $977,800, equivalent to an annualized return of 3%. It last sold at auction in 1995 for $500,000 at Sotheby's.

Oil And Sand On Board, 29.2 x 19.6cm. The work has been traded 5 times in the past.