painting called Lake Lure by John Pike

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$800
Flea Market
paintings
Description from user:

It is a watercolor painting done by Wisconsin artist by the name of John Pike. It was framed by Vilas-Mages Co in Chicago, IL

Answered within 2 days
By Gregory
Nov 08, 14:52 UTC
Fair Market Value
$500 - $1,000 USD
Suggested Asking Price $800 USD
What does this mean?

Dear Susan,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a watercolor on paper with
measurements of 26 1/2 inches wide x 19 1/2 inches tall. The artwork depicts a landscape with a lake and two fishers in a boat. It is signed by the American artist John Pike (1911 - 1979) who made often watercolors with comparable motifs.
Comparable objects were 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 500 to 1000 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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