?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 4,000 - $ 6,000
BENJAMIN CHAMBERLAIN (1833-?)
Produce Exchange from Broad Street. Circa 1884. Oil on canvas mounted to panel. 24¼x30½ cm, 9½x12 inches. Signed lower left.
Provenance: The artist, New York, with a handwritten label bearing the title and his address; private collection, New York.
Chamberlain offers a view of daily life surrounding the New York Produce Exchange Building, formally located on Broadway, opposite Bowling Green. This building opened in 1884, and operated as a trading floor and headquarters for the petroleum, wheat, and corn markets, which were driving factors in New York's economy at the time. At its peak, it did $15 million a day in business, but by the mid 20th century, membership had drastically declined, and the building was demolished in 1957.
The building was designed by George B. Post, who went on to design the New York Stock Exchange Building, which still stands today.
