Madralloni Italian Oil Painting

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$60
Inherited
paintings
Montgomery USA
Description from user:

8" x 10" oil on canvas No signature Have a 1969 receipt from American International Original frame Have a document describing the painting and artist

The painting was purchased by my grandfather in 1969

Answered within 1 day
By George
Nov 18, 13:13 UTC
Fair Market Value
$60 - $120 USD
Insurance Value $0 USD
What does this mean?

Dear Brad,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a painting made in oil or acrylic paint on canvas with measurements of 8 x 10 inches. The painting depicts the portrait of an old man with a hat and a certificate names an artist with the name "Madrelloni". Sadly no artist with such a name is mentioned in reference books and auction databases. This piece 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 60 to 120 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

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