City Cafe' New York New York
18 January 2022
Description

This painting is based on the visit to this cafe near Time Square New York 2009, it is 30x40 oil on canvas and was commissioned by Lois Beacham. The painting was completed in 2010 then sold NY 2011

Provenance

This painting is based on the visit to this cafe near Time Square New York 2009, it is 30x40 oil on canvas and was commissioned by Lois Beacham. The painting was completed in 2010 then sold NY 2011, exhibited and sold in Boston, Mass in 2014 to private collector. The painting resurfaced in 2019 for sale in NY, the painting had been removed from its frame and had not been left in the elements. The painting was next located at the "Garage Flea Market" New York, New York 2020, purchased and returned to the artist. The painting is currently on exhibit at the Mid-South Artist Gallery.

Acquired from
Gallery/Dealer
For sale
Maybe
Answered within 5 days
By George
Jan 23, 12:36 UTC
Fair Market Value
$3,000 - $6,000 USD
Suggested Asking Price $8,000 USD
What does this mean?

Dear Frederick Lyle,

Thank you for contacting Mearto with your appraisal inquiry. My sincere apologies for the delay with the appraisal

The presented object appears to be a painting made in oil or acrylic paint on canvas with the measurements of 30 x 40 inches. The painting depicts a street scene with cafes and people on the street near Time Square New York. This artwork was made by the artist Lois Beacham.
Works by this artist were recently not offered and sold on the international auction market. That means this artist is not established on the secondary market which has to be used for private sellers.
This piece is in good condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 3.000 to 6.000 USD.
This estimate is based on actual recent past recorded auction sales of comparable items. Retail "asking prices" can be higher and may vary.

With kind regards,
George

Frederick lyle von thrauthemburg morris morris Jan 23, 22:22 UTC

Dear George, I am sorry to write and inform you that you've gotten this one very wrong and this appraisal needs to be reviewed and corrected as soon as possible. The painting was commissioned by Lois Beacham, not painted by her---the painting is by "Lyle" a noted American/European Artist. and commission for $3500.00, at the time.
Description
This painting is based on the visit to this cafe near Time Square New York 2009, it is 30x40 oil on canvas and was commissioned by Lois Beacham. (for $3500.00) The painting was completed in 2010 then sold NY 2011
Provenance
This painting is based on the visit to this cafe near Time Square New York 2009, it is 30x40 oil on canvas and was commissioned by Lois Beacham. The painting was completed in 2010 then sold NY 2011, exhibited and sold in Boston, Mass in 2014 to private collector ($5,000). The painting resurfaced in 2019 for sale in NY, the painting had been removed from its frame and had not been left in the elements. The painting was next located at the "Garage Flea Market" New York, New York 2020, purchased and returned to the artist. The painting is currently on exhibit at the Mid-South Artist Gallery, with a currently price of $6500.00 USA and 8,200.00 Euro.

Frederick lyle von thrauthemburg morris morris Jan 23, 22:29 UTC

Please see additional information and photo's, please correct this as soon as possible

Frederick lyle von thrauthemburg morris morris Feb 11, 15:27 UTC

George you are way off on this one, the fair market value of this painting is well over $5,000 . Recent auctions of comparable items is more like $5,000 to $6,000 at the recent sales, please correct this listing.

Frederick lyle von thrauthemburg morris morris Feb 11, 15:29 UTC

this appraisal is grossly understated, please relook the facts.

Frederick lyle von thrauthemburg morris morris Feb 12, 06:35 UTC

George, you have under-valued these last few paintings, listed them incorrectly and not taken into account recent sales, please correct these reviews - please see current sales records recently uploaded

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