Kiril jeliazkov painting

Jul 22, 2021. 12:25 UTC
Kiril Jeliazkov Painting
Kimberly
United States of America

Category
Contemporary art

Acquired from
Other

For sale
Maybe
Description

It was said to be oil/acrylic on canvas. He is known to mix. The painting is an abstract done in 2008. He is a well known artist, fetching top dollar for his current paintings. It is approximately 4'x3', but I have not pulled it out of the packing material to confirm. The shipper applied the measurements.

Provenance

Unknown

Answered within about 4 hours
Jul 22, 16:05 UTC
By Delia

Fair Market Value

$3,000 - $5,000 USD

Suggested Asking Price

$10,000 USD
What does this mean?

Hi Kimberly,

Thank you for contacting Mearto with your appraisal inquiry.
The artist does not yet have a body of work on the secondary market (auction, which are the values Mearto gives); in this instance, we look at retail pricing at galleries and use an industry multiplier with fair market values being worth 1/3-1/2 of what galleries are asking. Works of this size are priced in the $10,000-15,000 range, which would give this a fair-market value of $3,000-5,000
Based on the photos and information provided, and subject to examination, this is:

Kiril Jeliazkov (Bulgaria / America, born 1977)
Untitled Abstract, 2008
oil and acrylic on canvas
approximately 48 by 36 inches
$3,000-5,000*
*represents a fair-market value for auction purposes; retail or asking price may vary.

Please let us know if you have additional items to appraise, and thank you again for using Mearto.

Kimberly newland Jul 22, 16:24 UTC

Delia, I'm not sure I know the difference between oil and acrylic, but it was posted as oil/acrylic which is something Kiril is known to do.

Kimberly newland Jul 22, 16:24 UTC

It is canvas

Delia Jul 22, 16:30 UTC

Thanks, Kimberly, you're all set.

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