Rene Magritte Work Could Deliver a 8% Annualized Return at Auction
3 min read · 25 Mar 2025
La Peine perdue. Image courtesy of Christie's
Rene Magritte, La Peine perdue (1965) is due to be sold at Christie's in Paris on April 9, 2025 with a $2.8m (EUR2.6m) to $3.88m estimate.
It last sold at auction in 1988 for $130,800 at Christie's. This is $2.67m less than its new low estimate. If it sells for more than the low estimate on April 9, 2025 it could realize a 8% annualized return. Gouache On Paper, 39.1 x 29.5cm. The work has been traded 6 times in the past.
