John Frederick Peto

Oranges Wrapped

Found at Sothebys, New York
American Art, Lot 39
18. Nov - 18. Nov 2015
Estimate: 30.000 - 50.000 USD
Price realised: 162.500 USD
John Frederick Peto 1854 - 1907
ORANGES WRAPPED
oil on board
6 by 9 inches
(15.2 by 22.8 cm)
Knoedler-Modarco, S.A., New York | Acquired by the present owner from the above, 1981

Artwork auctioned at three times the upper estimate price

The work Oranges Wrapped by John Frederick Peto was worth USD 162,500.00 (€ 153,853.44) to a buyer in November 2015. This price was achieved in the auction American Art at Sothebys in New York and exceeded the previously set upper estimate of USD 50,000.00 many times over. Admittedly, works by John Frederick Peto have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Old Time Letter Rack in May 2015 with an auction result of USD 850,000.00 (€ 773,148.99).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Die Arbeit Oranges Wrapped von John Frederick Peto war einem Käufer im November 2015 USD 162.500,00 (€ 153.853,44) wert. Dieser Preise wurde in der Auktion American Art bei Sothebys in New York erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von USD 50.000,00 um ein Vielfaches. Freilich wurden Arbeiten von John Frederick Peto auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Old Time Letter Rack im Mai 2015 mit einem Auktionsergebnis von USD 850.000,00 (€ 773.148,99).

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