Wayne Thiebaud Work Sells for $1.27m But Delivers a 38% Negative Return

Wayne Thiebaud Work Sells for $1.27m But Delivers a 38% Negative Return

3 min read  ·  13 May 2025

Happy Birthday. Image courtesy of Phillips

Happy Birthday. Image courtesy of Phillips

Wayne Thiebaud, Happy Birthday (1962) sold for $1.27m, less than the low estimate at Phillips in New York on May 13.

The sale was below the previous auction result by $782,500, realizing a 38% negative return. It last sold at auction in 2018 for $2.05m at Christie's.

Oil on canvas, 46.0 x 60.3cm. The work has been traded 7 times in the past.

Sale Date
Price
Price Increase
Venue
City
2025-05-13
$1.27m
-38 %
Phillips
New York
2018-11-15
$2.05m
-
Christie's
New York

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