Dear Howard,

Thank you for the additional images and your patience.

The apprised object appears to be an on lithograph in colors on paper with the measurements of 26 1/2" x 20". The artwork depicts a reclining nude and has the title "Black Water". It is signed in the print and signed by hand in ink by Andrew WYETH (1917-2009).
This piece is in good condition and there are no serious damages visible.
An estimation would be between 300 to 500 USD.
This estimation is based on actual recent past recorded auction sales of comparables. Retail "asking prices" can be higher and vary.

With best regards,
Georg

I do not know what to say since I have another appraisal showing $10,000 to $15,000?. You both cannot be right!

Dear Howard,

I attach an example. You can not see the hammer price if you don't have an account but you can see the estimate of this piece which was in auction at Rago which is a known and professional auction house.

https://www.liveauctioneers.com/item/56343861_andrew-wyeth-american-1917-2009

With kind regards,
Georg

Well it is the disparity between the appraisals that bothers me. I purchased it for $3000 in 1978. 4 years later, I took it back to the place I had purchased it and they reevaluated it at $8000. Now you appraise it for $500. The appraisal I got in writing which I can send you if I have a method of attachment went through his own background review with the of appraisal of $10K to $15K. Your appraisal barely covers the cost of the frame the print is in and shows shows such a devaluation as to make the print virtually worthless. Common sense does not add up here.

Further to my previous comment, when I purchased the print Wyeth was still alive. Usually prices go up after an artist dies!! But your appraisal says the opposite.

Dear Howard,

It is sadly no given fact or law that the prices of an artist increase after his death. I am often confronted with this situation in my work as an expert and assessor. The art market is one of the most volatile open markets which exist.

As mentioned we adapt our prices to actual reached hammer prices which mirror the given market situation. With my estimation I am not argumentation from my point of view I reflect the actual market situation as it is. The results are not manipulatable or influence in some other way.

Sadly many galleries sell artworks with the promise of increasing prices and such unprofessional statements like that price for an artwork increase automatically.

With kind regards,
Georg

You never responded to my question. The other appraiser went through the same background of prices and came up with a completely different set of values. There is a hell pf a lot of difference between a value of $500 and $10-$15 K. That is what I do not understand!

Dear Howard,

I have not seen the other apprisal so it is difficult to suppose what is the argumentation of the estimate of the other expertise.

First of all, we have to differ the techniques. There are photographies mostly made in silver gelatine prints or collotype and on the other hand we have prints in lithograph technique like your artwork. Lithographic printing is common for prints with a high edition. The gelatin silver process, for example, is a costly process.

Second, I had a look at the reached hammer prices for both different categories (photographies and prints) for Andrew WYETH (1917-2009) in the leading database artprice.com.
The highest hammer prices for single prints or photographies are around 5.000 USD. That means a value of 10.000 or 15.000 USD is not connected to an actual market situation.

With kind regards,
Georg

If you send me a connection I will send you the other appraisal.

I made an error. The print of Blackwater is collotype not lithograph.

Dear Howard,

Try to upload the apprisal as an image.

It appears that this is a lithograph on the detail images. A collotype would not be signed in the plate.

With kind regards,
Georg

Appraiser: rusufdavi

rusufdavi, Other
Category: Appraisals
Satisfied Customers: 4,416
Experience: Appraisal
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My name is Robert, and I will try to help you in your question today. Thank you or using JustAnswer to solve your question.
Andrew Wyeth, US, (1917-2009).

You have an Andrew Wyeth Ink which currently holds a market value of 10,000-15,000$. This value is determined by performing a market research based upon similar items sold in latest auctions and private sells.

If you are selling, I would recommend starting on the internet so you can reach more potential buyers. Good market places are Etsy, Amazon Market Place and eBay.

For local selling, I would recommend Craigslist which is free, fast and easy to use.

Please, use the stars to rate my answer, if answering by text, please, kindly write "thank you" to know I have helped you!
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Appraiser: rusufdavi
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Dear Howard,

As mentioned I don't agree with this estimation without an argumentation of the market situation or named comparables. Als he does not name the size and the right technique.

Also, the named platforms for selling are not very trustable especially Craiglist.

With kind regards,
Georg