Man Ray Work Sells for $2.87m to Deliver a 12% Annualized Return
3 min read · 24 Jun 2025
Noire et blanche. Image courtesy of Sotheby's
Man Ray, Noire et blanche (1935) sold for $2.87m (GBP2.11m), more than the low estimate at Sotheby's in London on June 24.
The sale beat the previous auction result for this work by $2.54m, equivalent to an annualized return of 12%. It last sold at auction in 2007 for $330,000 at Sotheby's.
Gelatin silver print, 17.5 x 22.8cm. The work has been traded 6 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-06-24 | $2.87m | 770 % | Sotheby's | London |
2007-04-25 | $330,000 | - | Sotheby's | New York |
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