Fred Pansing

A cargo ship aground

Found at Christies, New York
Maritime, Lot 208
25. Jul - 25. Jul 2007
Estimate: 4.000 - 6.000 USD
Price realised: 3.600 USD
Fred Pansing (American, 1844-1912)
A cargo ship aground
signed 'Fred Pansing' (lower right)
oil on canvas
15 x 30¼ in. (38.1 x 76.8 cm.)

Auction result misses estimated price range

This work of art by Fred Pansing could be acquired at Christies in New York in July 2007 for an unexpectedly low price. In the Maritime auction, the work A cargo ship aground changed hands for USD 3,600.00 (€ 2,625.63) - missing the lower end of the estimate range of USD 4,000.00 – 6,000.00. Of course, this price has nothing to do with the top prices that other works by Fred Pansing achieve. The highest price we have observed so far was reached by the work The Eastern Steamship Company, Camden at sea in February 2006 with an auction result of USD 45,600.00 (€ 38,238.99).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Fred Pansing konnte im Juli 2007 bei Christies in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Maritime wechselte die Arbeit A cargo ship aground für USD 3.600,00 (€ 2.625,63) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 4.000,00 – 6.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Fred Pansing erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Eastern Steamship Company, Camden at sea im Februar 2006 mit einem Auktionsergebnis von USD 45.600,00 (€ 38.238,99).

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