Richard Mayhew Work Sells for $266,700 to Deliver a 19% Annualized Return
3 min read · 19 Nov 2025
Essence. Image courtesy of Sotheby's
Richard Mayhew, Essence (1975) sold for $266,700, more than five times the low estimate at Sotheby's in New York on November 19.
The sale beat the previous auction result for this work by $247,500, equivalent to an annualized return of 19%. It last sold at auction in 2011 for $19,200 at Swann Galleries.
Oil on canvas, 91.4 x 91.4cm. The work has been traded twice in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
November 19, 2025 | $266,700 | 1289 % | Sotheby's | New York |
February 17, 2011 | $19,200 | - | Swann Galleries | New York |
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