Oscar Bluemner

Houses in Bloomfield image, 4 1/8 x 5 5/8 in. (10.5 x 14.3 cm.); sheet, 5 x 8 in. (12.7 x 20.3 cm.)

Found at Bonhams, New York
American Art, Lot 8
26. May - 26. May 2022
Estimate: 10.000 - 15.000 USD
Price realised: 7.650 USD
PROPERTY FROM A PRIVATE COLLECTION, NEW YORK
Oscar Bluemner (1867-1938)
Houses in Bloomfield
signed with monogramed initials and inscribed 'OFB / Bloomfield James St' (lower left) and dated twice 'Ap 28-21' (lower center and upper right) and annotated extensively (along the left, bottom, and right edges of the sheet)
watercolor, gouache and pencil on paper
image, 4 1/8 x 5 5/8 in. (10.5 x 14.3 cm.); sheet, 5 x 8 in. (12.7 x 20.3 cm.)
Executed in 1921.
Estate of the artist, 1938. | Roy Davis Gallery, New York, 1969. | Private collection, New York. | Acquired from the above by the present owner, 2011.

Auction result misses estimated price range

When the work Houses in Bloomfield image, 4 1/8 x 5 5/8 in. (10.5 x 14.3 cm.); sheet, 5 x 8 in. (12.7 x 20.3 cm.) by Oscar Bluemner was auctioned at Bonhams in New York in May last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 10,000.00 – 15,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 7,650.00 (€ 7,128.88). 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 Houses in Bloomfield image, 4 1/8 x 5 5/8 in. (10.5 x 14.3 cm.); sheet, 5 x 8 in. (12.7 x 20.3 cm.) von Oscar Bluemner im Mai 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 10.000,00 – 15.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 7.650,00 (€ 7.128,88) 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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