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Hovsep Pushman - The Tear Bottle

Hovsep Pushman

The Tear Bottle

Found at Sothebys, New York
American Art, Lot 70
6. Oct - 6. Oct 2017
Estimate: XX.XXX
Price realised: XX.XXX
Hovsep Pushman
1877 - 1966
THE TEAR BOTTLE
signed Pushman (lower right)
oil on panel mounted on a stretcher
23 1/2 by 17 inches
(59.7 by 43.2 cm)
Painted circa 1930-40.
Estate of Armand Pushman (artist's son) | Acquired from the above by the present owner

Auction result misses estimated price range

When the work The Tear Bottle by Hovsep Pushman was auctioned at Sothebys in New York in October 2017, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 6,000.00 – 8,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 5,625.00 (€ 4,829.16). Of course, this price has nothing to do with the top prices that other works by Hovsep Pushman achieve. The highest price we have observed so far was reached by the work Narcissa in November 2007 with an auction result of USD 541,000.00 (€ 368,327.89).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit The Tear Bottle von Hovsep Pushman im Oktober 2017 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 6.000,00 – 8.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 5.625,00 (€ 4.829,16) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Hovsep Pushman erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Narcissa im November 2007 mit einem Auktionsergebnis von USD 541.000,00 (€ 368.327,89).

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