Signed and embellished giclee of the Reflection by Duaiv 40x30
18 December 2023
Description

A framed embellished giclee on canvas of the Reflection by Duaiv. The embellished giclee and frame is 40x30, the edition is 07/25, and the signature is 05/25.

Dimensions

40x30

Acquired from
Auction House
For sale
Yes
Answered within 2 days
By Anne M.
Dec 20, 06:32 UTC
Fair Market Value
$300 - $500 USD
Suggested Asking Price $400 USD
What does this mean?

Hello Thomas,

Thank you very much for submitting your item for an appraisal.

The presented object appears to be a limited edition embellished giclee on canvas of a piece titled "The Reflection," which depicts a composition of sailboats on the water, and has been attributed to the artist Duaiv (French-American, born 1952). It is accompanied by a Certificate of Authenticity from the gallery Masters Fine Art LLC in Ft. Lauderdale, Florida and looks to be in excellent condition based on the images provided.

I would estimate the current fair market value of this piece between $300 and 500 USD based on these comparables:

https://www.liveauctioneers.com/item/126277817_duaiv-dolce-vita-giclee
https://www.liveauctioneers.com/item/166761593_duaiv-2014-le-embellished-giclee-on-canvas

However, retail and asking prices vary and I've seen similar works sell for up to $1,800 at two auction houses:

https://www.federalassetsauctioneers.com/
https://www.liveauctioneers.com/auctioneer/989/seized-assets-auctioneers/

Though both houses market themselves as selling "seized assets" at least one (Federal Assets) appears to also accept items on consignment. If you are interested in selling your item, you could reach out to one or both of these auction houses. However, I've also seen the same item listed numerous times by each house, which could indicate that they have an issue completing transactions, i.e. bidders that don't pay for their items.

If you were to go to another local or regional auction house, I believe that my fair market valuation would be a reasonable expectation.

If you have any questions, please feel free to let me know in the comments section below. Thank you again and have a wonderful holiday season!

Kind regards,
Anne

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