Little Angels by Steve Hanks
11 June 2020
Description

Little Angels by Steve Hanks, 24" x 14", Limited Edition Lithograph, AP 59/99, Certificate of Authenticity Included, Artist Signed, Framed Hadley House, Mint Condition

Provenance

Unknown

Acquired from
Auction House
For sale
Yes
Answered within 3 days
By George
Jun 15, 07:12 UTC
Fair Market Value
$60 - $120 USD
Insurance Value $0 USD
What does this mean?

Dear Tonya,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a lithograph print with the measurements of 24 x 14 inches. The print has the title "Little Angels" and was made by the American artist Steve Hanks. The artist signed the artwork by and it has the edition of AP 59/99.
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

Tonya dean Jun 15, 21:25 UTC

Hi Georg,
Thanks for your appraisal details. I thought that maybe this piece would go for more since the same piece (but only a reprint) is being sold for over $1,000 currently. Can you help me to understand how this works? Thanks for taking the time to answer my questions.
Tonya

George Jun 16, 12:00 UTC

Dear Tonya,

We adapt our estimations to actual and reached auction results of the last years. This process mirrors a comparative value and mirrors and actual market situation. This means also that an object should not just be adapted to the highest hammer prices and you also have to see the mid-range and low range hammer prices to define an adequate estimate.

Often such objects are offered on the primary market to very high asking prices which can not be reached on the secondary art market.

I am very sorry that you expected a higher estimation.

With kind regards,
Georg

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