Mark Grotjahn Work Sells for $192,000 to Deliver a 3% Annualized Return

Mark Grotjahn Work Sells for $192,000 to Deliver a 3% Annualized Return

3 min read  ·  15 May 2026

Untitled (Colored Butterfly White Background Six Wings). Image courtesy of Sotheby's

Untitled (Colored Butterfly White Background Six Wings). Image courtesy of Sotheby's

Mark Grotjahn, Untitled (Colored Butterfly White Background Six Wings) (2004), sold for $192,000, more than one and a half times the low estimate at Sotheby's in New York on May 15.

The sale beat the previous auction result for this work by $87,500, equivalent to an annualized return of 3%. It last sold at auction in 2008 for $104,500 at Sotheby's.

Colored pencil and graphite on paper, 76.2 x 55.9cm. The work has been traded 3 times in the past.

Sale Date
Price
Price Increase
Venue
City
May 15, 2026
$192,000
84 %
Sotheby's
New York
November 12, 2008
$104,500
-
Sotheby's
New York

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