W.T. WOOD R.W.S R.O.I - EVENING
05 October 2020
Description

55cm x 45cm Water Colour painting encased in wooden frame with wooden back panel and glass on front. Panting name and Artist inscribed on metal plate in front. Artist's signature clearly visible

Provenance

The painting was on display in Maharajah's residence in India. We bought the property with all artefacts and furniture intact after the Maharajah's death in 1965. There are 28 paintings, 11 sculptures and many other items on display.

Acquired from
Inherited
For sale
Yes
Answered within 1 day
By George
Oct 06, 20:55 UTC
Fair Market Value
$150 - $300 USD
Insurance Value $0 USD
What does this mean?

Dear Mayur,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a watercolor on paper with the measurements of 55 x 45 cm. The drawing depicts a wide landscape with trees and a low horizon and has the title "Evening". It was made and signed by the artist William Thomas WOOD (1877-1958)). Sadly no further information is given by reference books and databases. This artwork was made in the second half of the 20th century.
Works by this artist were recently offered and sold on the international auction market.
This piece is in good condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 150 to 300 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,
Georg

Mayur gandhi Oct 07, 19:20 UTC

William Thomas Wood 1877-1958
http://www.findartinfo.com/english/list-prices-by-artist/87672/william-thomas-wood.html
After extensive research & analysis, I feel the average price of this painting would range between $3,000 to $4,400.

George Oct 07, 21:36 UTC

Dear Mayur,

We adapt our estimations to actual and reached auction results of the last years. This process mirrors a comparative value and mirrors and actual market situation. This means also that an object should not just be adapted to the highest hammer prices and you also have to see the mid-range and low range hammer prices to define an adequate estimate.

With kind regards,
Georg

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