John Frederick Peto

Forgotten Friends: Candlestick And Books On Table

Found at Sothebys, New York
American Art, Lot 44
17. Sep - 17. Sep 2019
Estimate: 40.000 - 60.000 USD
Price realised: 35.000 USD
JOHN FREDERICK PETO
1854 - 1907
FORGOTTEN FRIENDS: CANDLESTICK AND BOOKS ON TABLE
signed J.F. Peto (lower right) and bears inscription (on the reverse prior to lining)
oil on canvas
16 by 10 inches
(40.6 by 25.4 cm)
Hirschl & Adler Galleries, New York, 1970s

Auction result misses estimated price range

This work of art by John Frederick Peto could be acquired at Sothebys in New York in September 2019 for an unexpectedly low price. In the American Art auction, the work Forgotten Friends: Candlestick And Books On Table changed hands for USD 35,000.00 (€ 32,095.37) - missing the lower end of the estimate range of USD 40,000.00 – 60,000.00. Of course, this price has nothing to do with the top prices that other works by John Frederick Peto achieve. The highest price we have observed so far was reached by the work Old Time Letter Rack in May 2015 with an auction result of USD 850,000.00 (€ 773,148.99).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von John Frederick Peto konnte im September 2019 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion American Art wechselte die Arbeit Forgotten Friends: Candlestick And Books On Table für USD 35.000,00 (€ 32.095,37) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 40.000,00 – 60.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von John Frederick Peto erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Old Time Letter Rack im Mai 2015 mit einem Auktionsergebnis von USD 850.000,00 (€ 773.148,99).

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