Paul Serusier Work Sells for $604,400 to Deliver a 10% Annualized Return

Paul Serusier, Portrait of Nai Chaipp (1889), sold for $604,400 (EUR537,600), more than three and a half times the low estimate at Christie's in Paris on October 23.

The sale beat the previous auction result for this work by $572,700, equivalent to an annualized return of 10%. It last sold at auction in 1997 for $31,700 at Tajan.

Oil on canvas, 55.0 x 46.0cm. The work has been traded 5 times in the past.