Sam Szafran Work Sells for $114,600 But Delivers a 36% Negative Return

Sam Szafran, Modèle dans l'atelier, rue de Crussol (1969) sold for $114,600 (EUR101,600), more than three and a half times the low estimate at Sotheby's, Online on April 11.

The sale was below the previous auction result by $65,200, realizing a 36% negative return. It last sold at auction in 2008 for $179,800 at Christie's.

Charcoal on paper laid down on cardboard, 105.5 x 75.5cm. The work has been traded 4 times in the past.