Abstract Painting from mid-century

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$675
Auction House
Contemporary Art
los angeles USA
Description from user:

This blue abstract painting is accented in bold primary colors and signed and dated. It measures 35 inches widee by 29 inches high. It is on board.

unknown/auction estate liquidation

Answered within 8 days
By George
Jun 29, 16:59 UTC
Fair Market Value
$200 - $400 USD
Suggested Asking Price $600 USD
What does this mean?

Dear Rhonda,

Thank you for the additional images and I wish you a Happy New Year 2022. My sincere apologies for the delay with the appraisal.

The presented object appears to be a painting made in oil or acrylic paint on masonite with the measurements of 29 x 35 inches. The painting depicts an abstracted motif on blue background. The composition, the choice of colors and the technique suggest and trained and acedemical educated artist. The signature is sadly not clearly readable and just the dating with the year (19)65.
This piece is in good condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 200 to 400 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

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