Montague Dawson Work Sells for $139,700 to Deliver a 3% Annualized Return

Montague Dawson Work Sells for $139,700 to Deliver a 3% Annualized Return

3 min read  ·  05 Feb 2026

Dawn Mists, the Clipper Nicoya. Image courtesy of Sotheby's

Dawn Mists, the Clipper Nicoya. Image courtesy of Sotheby's

Montague Dawson, Dawn Mists, the Clipper Nicoya (1959), sold for $139,700, more than one and a half times the low estimate at Sotheby's in New York on February 5.

The sale beat the previous auction result for this work by $115,700, equivalent to an annualized return of 3%. It last sold at auction in 1977 for $24,000 at Christie's.

Oil on canvas, 101.9 x 126.7cm. The work has been traded 7 times in the past.

Sale Date
Price
Price Increase
Venue
City
February 05, 2026
$139,700
482 %
Sotheby's
New York
March 04, 1977
$24,000
-
Christie's
London

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