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Lot 0017
Description
Paul Calle (American, 1928 - 2010) and Chris Calle (American, B. 1961) "1920's - World Suffers Economic Depression" Signed lower right. Original Mixed Media painting on Illustration Board.

Provenance: Collection of James A. Helzer (1946-2008), Founder of Unicover Corporation.

This painting appeared on the Republic of the Marshall Islands The 20th Century series 60c World Suffers Economic Depression stamp issued March 16, 1998.

In the 1920s, the United States experienced spectacular economic growth stemming from new technology developments and government policies that aided big business. Investments in stocks and corporations increased dramatically, providing new capital for corporate expansion both in America and globally. Beginning in September 1929, the stock market began to decline and falling prices prompted investors to sell. By October 29, "Black Tuesday," panic-stricken investors had sold so much stock that the resulting low stock values caused the market to collapse. This catastrophic event precipitated a worldwide economic slump that affected all Western industrialized countries. The crash, combined with other economic factors, led to the Great Depression and the most difficult decade of the 20th century.

Image Size: 9.25 x 13.75 in.
Overall Size: 14.25 x 20 in.
Unframed.
(B15873 / B15874)
Condition

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Starting Price
$250
Buyer's Premium
  • 24%

Paul & Chris Calle "World Economic Depression"

Estimate $500 - $1,000
1d
1h
4m
54s
$2500 bids
Starting Price $250
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