Paul Delvaux Work Sells for $397,800 to Deliver a 0.3% Annualized Return

Paul Delvaux, Les démons de la nuit (1968) sold for $397,800 (EUR342,900), more than the low estimate at Sotheby's in Paris on October 24.

The sale beat the previous auction result for this work by $10,500, equivalent to an annualized return of 0.3%. It last sold at auction in 2016 for $387,300 at Sotheby's.

Watercolour and india ink and wash on paper, 68.0 x 102.0cm. The work has been traded 4 times in the past.