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Oscar Bluemner - Bloomfield

Oscar Bluemner

Bloomfield

Found at Sothebys, New York
Modern Discoveries, Lot 384
4. Mar - 18. Mar 2022
Estimate: XX.XXX
Price realised: XX.XXX
Property from the Estate of David Lebenbom
Oscar Bluemner
1867 - 1938
Bloomfield
signed with the monogram OFB (lower left), titled Bloomfield and dated Oct 10-16 (lower right); also inscribed with annotations (on the reverse)
pencil and graphite on tan paper
5 by 6 in.
12.7 by 15.2 cm.
Executed in 1916.
Private Collection, New York | Sotheby's New York, 18 September 1980, part of lot 197 (consigned by the above) | Sheldon Ross Gallery, Birmingham, Michigan (acquired from the above sale) | Acquired from the above circa 1982 by the present owner

Auction result misses estimated price range

When the work Bloomfield by Oscar Bluemner was auctioned at Sothebys in New York in March last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 500.00 – 700.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 378.00 (€ 340.76). Of course, this price has nothing to do with the top prices that other works by Oscar Bluemner achieve. The highest price we have observed so far was reached by the work Illusion of a Prairie, New Jersey (Red Farm at Pochuck) in November 2011 with an auction result of USD 5,346,500.00 (€ 3,974,206.50).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Bloomfield von Oscar Bluemner im März letzten Jahres 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 500,00 – 700,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 378,00 (€ 340,76) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Oscar Bluemner erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Illusion of a Prairie, New Jersey (Red Farm at Pochuck) im November 2011 mit einem Auktionsergebnis von USD 5.346.500,00 (€ 3.974.206,50).

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