Richard Anuszkiewicz Work Sells for $54,400 to Deliver a 4% Annualized Return

Richard Anuszkiewicz, Greening Red Duo (a.k.a. Dual Red II) (1984), sold for $54,400 (PLN200,000), less than the low estimate at Desa Unicum in Warsaw on March 5.

The sale beat the previous auction result for this work by $16,900, equivalent to an annualized return of 4%. It last sold at auction in 2017 for $37,500 at Sotheby's.

Acrylic on canvas, 183.0 x 122.0cm. The work has been traded 3 times in the past.