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Doris - dfm925
Doris - dfm925, Pres, Owner Nashville Appraisals Corporation
Category: Antiques
Satisfied Customers: 8109
Experience:  Antiques store owner 10+yrs.Best of Nashville Two Years. Collector 56+yrs.USPAP compliant. Member AOA.Founded part of antiques, silver & art collection at local museum.
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Im curious to know what my painting is worth. It is an

Customer Question

Hello
Im curious to know what my painting is worth. It is an original Edgar Leeteg.
It is oil on velvet in a beautiful frame.
It is in pristine condition.
It is a "Tahitian Nude" Oil on Velvet
Tahiti 1934
Measurements are 34x25
Submitted: 9 months ago.
Category: Antiques
Expert:  Doris - dfm925 replied 9 months ago.

Hello and welcome! My name is Doris.
I have been an antiques collector, dealer and appraiser for over 56 years.
I will be pleased to help you.

Thank you for the information and photo.

Please allow me time to research the data required by your question, calculate current values and write my answer.

I should be back within 40 minutes.

I thank you in advance for your patience.

Kind regards,

Doris

Expert:  Doris - dfm925 replied 9 months ago.

You may have already seen this; but just in case, I will include it here:

"Edgar ***** *****teg (April 13,***** Louis, Illinois – February 7, 1953 Papeete, Tahiti) was an American painter often considered the father of American velvet painting. He became a French citizen after immigrating to French Polynesia in 1933, where he spent the rest of his life painting the local life on black velvet."
Source: Wikipedia

When assessing an artist's work, appraisers must look at sales of works by the same artist. Art gallery sales prices are private.
We must then go to auction sales prices which are public. When using comparable work by the same artist, medium, subject matter and size are factors to be considered.
Appraisers most often use price per square inch of previously sold comparable works by the same artist as a measure of value.

Using this standard method, I was able to determine an auction value of $1050 assuming an important frame and excellent condition.

A private seller to a dealer or at auction can expect 30-60% of retail value.

I hope I have helped you.

If I can help you with further questions about this answer, please let me know before you rate me.

All my answers are quoted in USA dollars.

I endeavor to give realistic, honest answers in a timely manner.

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Kind regards.

Doris

If you would like to use me on any future questions, requesting me expires in a short time. If you put my name (Doris) at the first of the question, that will make sure it gets to me.

Thank you.

Expert:  Doris - dfm925 replied 9 months ago.

Hi there!
I'm just following up with you to see how everything is going. Did my answer help or do you have more questions about your item that would help?

Let me know,
Kind regards,
Doris

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