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Oscar Bluemner - Phillipsburg, New Jersey

Oscar Bluemner

Phillipsburg, New Jersey

Found at Bonhams, New York
American Art, Lot 33
17. Nov - 17. Nov 2022
Estimate: XX.XXX
Price realised: XX.XXX
PROPERTY FROM A PRIVATE COLLECTION, NEW YORK
Oscar Bluemner (1867-1938)
Phillipsburg, New Jersey
annotated (center left) and dated and inscribed '1916 Phillipsburg NJ' (on the verso) and annotated extensively (on the verso)
gouache, watercolor and graphite on paper
3 11/16 x 5 1/2 in. (9.4 x 14 cm.)
Executed in 1916.
Israel (Jsrael) Ber Neumann (1887-1961), New York. | Estate of the above, 1961. | O'Hara Gallery, New York. | Acquired from the above by the present owner, circa 2010-11.

Auction result misses estimated price range

In November last year a collector was able to acquire the work Phillipsburg, New Jersey by Oscar Bluemner for USD 7,012.50 (€ 6,793.08). This price was achieved in the auction American Art at Bonhams in New York and was even below the estimate range of USD 8,000.00 – 12,000.00 set by the auction house. 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

Im November letzten Jahres konnte ein Sammler die Arbeit Phillipsburg, New Jersey von Oscar Bluemner für USD 7.012,50 (€ 6.793,08) erwerben. Dieser Preis wurde in der Auktion American Art bei Bonhams in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 8.000,00 – 12.000,00. 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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