Rene Magritte Work Sells for $1.24m to Deliver a 11% Annualized Return
3 min read · 17 Sep 2025
Tête. Image courtesy of Sotheby's
Rene Magritte, Tête (1960) sold for $1.24m (GBP914,400), more than three times the low estimate at Sotheby's in London on September 17.
The sale beat the previous auction result for this work by $1.22m, equivalent to an annualized return of 11%. It last sold at auction in 1987 for $21,000 at Sotheby's.
Painted plaster. The work has been traded 3 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
September 17, 2025 | $1.24m | 5824 % | Sotheby's | London |
July 02, 1987 | $21,000 | - | Sotheby's | London |
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