Raoul Dufy Work Sells for $26,500 But Delivers a 12% Negative Return

Raoul Dufy, THE PORT OF COLLIOURE (1948) sold for $26,500 (EUR23,000), more than the low estimate at Tajan in Paris on June 18.

The sale was below the previous auction result by $3,671, realizing a 12% negative return. It last sold at auction in 2004 for $30,100 at Tajan.

Pastel and chalk on paper, 47.0 x 31.0cm. The work has been traded 4 times in the past.