“ El Paquete Azul” by Cándidos Bido, Acrylic 1988

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$4,000
Inherited
paintings
Miami, Florida USA
Description from user:

My father bought this when he was an executive Working in the Dominican Republic in the late 80s / Early 90s. I do not think that there was any other owner. I inherited it when he passed away in November 2022. If possible, I would like the worth today and also for November 2022. I have several paintings like this that I would like to sell and others I am keeping. I do not see any defects to the painting or frame except there is a white line in the shirt , but there are also other white areas in the shirt so maybe that is intentional

Answered within about 10 hours
By Gregory
Oct 02, 14:54 UTC
Fair Market Value
$2,500 - $5,000 USD
Suggested Asking Price $4,000 USD
What does this mean?

Dear Christine,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a painting made in acrylic paint on canvas with 30 x 24 inches measurements. The painting depicts a woman carrying a goods package on her head and has the title "Le Paquete Azul". It was made by CANDIDO BIDO (DOMINICA, 1936-2011) in the year 1988. It is signed on the front and reverse side and titled and dated.

Comparable objects were rarely recently offered and sold on the international auction market.
This piece is in good condition and no severe damage is visible in the images provided.
A fair market estimation would be between 2.500 to 5.000 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,
Gregory

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