John Frederick Peto

Peanuts–Fresh Roasted, Well Toasted

Found at Sothebys, New York
American Art, Lot 20
18. May - 18. May 2016
Estimate: 40.000 - 60.000 USD
Price realised: 43.750 USD
John Frederick Peto 1854 - 1907
PEANUTS–FRESH ROASTED, WELL TOASTED
inscribed J.S. (lower right); also inscribed on the original painted frame in which the work is inset Peanuts–/Fresh Roasted/Well Toasted (lower center)
oil on board in original painted panel frame
board: 7 by 10 inches (17.8 by 25.4 cm)
frame: 10 3/4 by 16 inches (27.3 by 40.6 cm)
Painted circa 1904.
Julia Schock Nash, Mercantile, New Jersey (acquired from the artist) | Private Collection (sold: Sotheby Parke Bernet, New York, February 2, 1979, lot 420, illustrated) | Acquired by the present owner at the above sale

Auction result well in line with expectations

The work Peanuts–Fresh Roasted, Well Toasted by John Frederick Peto was auctioned at Sothebys in New York in May 2016. The estimated price for the artwork was previously given by the auction house with a range of USD 40,000.00 – 60,000.00, the actual price achieved of USD 43,750.00 (€ 39,290.53) could thus just exceed the lower estimate. 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 im Rahmen der Erwartungen

Die Arbeit Peanuts–Fresh Roasted, Well Toasted von John Frederick Peto kam im Mai 2016 bei Sothebys in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 40.000,00 – 60.000,00 angegeben, der tatsächlich erzielte Preis von USD 43.750,00 (€ 39.290,53) konnte den unteren Schätzpreis somit knapp übertreffen. 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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