Wassily Kandinsky Work Sells for $16.73m But Delivers a 18% Negative Return
3 min read · 05 Mar 2026
Le rond rouge. Image courtesy of Christie's
Wassily Kandinsky, Le rond rouge (1939), sold for $16.73m (GBP12.54m), more than the low estimate at Christie's in London on March 5.
The sale was below the previous auction result by $3.89m, realizing a 18% negative return. It last sold at auction in 2018 for $20.62m at Sotheby's.
Oil on canvas, 89.1 x 116.1cm. The work has been traded 6 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
March 05, 2026 | $16.73m | -19 % | Christie's | London |
November 12, 2018 | $20.62m | 12218 % | Sotheby's | New York |
April 06, 1976 | $167,400 | - | Christie's | London |
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