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Marc Chagall Work Sells for $1.2m But Delivers a 13% Negative Return

3 min read  ·  20 Nov 2024

Fin de journée ou Le cheval rouge. Image courtesy of Christie's

Fin de journée ou Le cheval rouge. Image courtesy of Christie's

Marc Chagall, Fin de journée ou Le cheval rouge (1945) sold for $1.2m, more than the low estimate at Christie's in New York on November 20.

The sale was below the previous auction result by $188,000, realizing a 13% negative return. It last sold at auction in 2007 for $1.39m at Christie's.

Oil On Canvas, 54.9 x 67.2cm. The work has been traded 5 times in the past.