Oscar Bluemner

Bloomfield, NJ

Found at Bonhams, New York
American Art, Lot 47
24. Aug - 24. Aug 2022
Estimate: 1.000 - 1.500 USD
Price realised: 638 USD
PROPERTY FROM A PRIVATE COLLECTION, NEW YORK
Oscar Bluemner (1867-1938)
Bloomfield, NJ
signed with monogrammed initials 'OFB' (lower left) and inscribed '5P n.' (lower center) and inscribed and dated 'Bloomfield nj Feb 28-17' (lower right) and annotated extensively (on the verso)
graphite, crayon and ink on paper, unframed
4 13/16 x 5 13/16 in. (12.2 x 14.8 cm.)
Executed in 1917.
O'Hara Gallery, New York. | Acquired from the above by the present owner, circa 2010-11.

Auction result misses estimated price range

When the work Bloomfield, NJ by Oscar Bluemner was auctioned at Bonhams in New York in August last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 1,000.00 – 1,500.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 637.50 (€ 633.38). 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, NJ von Oscar Bluemner im August letzten Jahres bei Bonhams in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 1.000,00 – 1.500,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 637,50 (€ 633,38) 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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