Marion Kavanagh Wachtel

Ranch on a hill

Found at Bonhams, Los Angeles
California Art, Lot 73
3. Aug - 3. Aug 2021
Estimate: 25.000 - 35.000 USD
Price realised: 24.063 USD
Marion Kavanagh Wachtel (1876-1954)
Ranch on a hill
signed 'Marion Kavanagh Wachtel' along with the artist's device (lower left)
oil on canvas
28 x 36in
framed 33 x 41in
Private collection, Los Angeles, California.

Auction result misses estimated price range

When the work Ranch on a hill by Marion Kavanaugh Wachtel was auctioned at Bonhams in Los Angeles in August last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 25,000 – 35,000, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 24,063 (€ 20,392). However, buyers have had to dig much deeper into their pockets for other works by Marion Kavanaugh Wachtel - we have observed the highest auction result to date for the work Sycamores, which sold at auction in August last year for USD 72,813 (€ 61,706).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Ranch on a hill von Marion Kavanaugh Wachtel im August letzten Jahres bei Bonhams in Los Angeles versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 25.000 – 35.000 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 24.063 (€ 20.392) den Besitzer. Für andere Arbeiten von Marion Kavanaugh Wachtel mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Sycamores beobachtet, die im August letzten Jahres für USD 72.813 (€ 61.706) versteigert wurde.

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