|Lopez Baylon "Untitled (Seascape)" Oil/canvas|
If one man’s trash is another man’s treasure, this month’s ART FIND is certainly a treasure to one lucky bargain hunter.
Our reader bought this painting by Lopez Baylon during a white elephant sale at Girls Inc. in Carpinteria, California several years ago. She paid $5 for “Untitled (Impressionist Seascape)” and said, “I wasn't sure if it would fit in my dining room but I figured for $5 why not take a chance. I love anything blue and with boats in it.” This time her chance paid off!
Lisandro Lopez Baylon was an artist born in Buenos Aires, Argentina in 1951. He studied at the Pan American School of Art and at the Buenos Aires School of Fine Arts. Baylon he has lived and exhibited in Bolivia, Peru, Ecuador, Colombia, and Venezuela. In the 1970s he traveled to the United States where he was influenced by the landscape of the West. He is often known for his depictions of Western scenes of Native Americans and cowboys.
Baylon also painted many coastal scenes such as this one. Baylon painted in an Impressionist style, using muted, pastel colors and loose brushstrokes. He often paints with a palette knife to achieve a soft Impressionist technique.
In my appraisal research, I found that multiple galleries sell Baylon’s work, which indicates a demand for the artist’s paintings. Comparable paintings currently for sale are listed between $1,500-$2,000. At auction, Baylon's work has sold for up to $900 with one estimated to sell between $800-$1,200 for a Western scene of a horse and cowboy.
In order to assess the most current Fair Market Value, appraisers look at paintings comparable in size, subject, condition, and date for sale at galleries and at auction. As auction pricing is typically less than retail gallery pricing, appraisers find a value somewhere in between when attributing a Fair Market Value.
It is always important to have a Fair Market Value appraisal completed on an artwork you are considering selling. Values are always changing and an appraisal report will give you the most current market analysis of an individual artist’s work. It is important to have values reassessed every 2-4 years so you can be certain a gallery or auction house is offering a fair price.
This Lopez Baylon painting entitled, “Untitled (Impressionist Seascape)” would have a current Fair Market Value of $1,000-$2,000.
Alissa Anderson Campbell is an art appraiser for Anderson Shea Art Appraisals. She specializes in appraising European and American art for insurance, resale value, estate, tax, and charitable donation. Campbell is a member of the Appraisers Association of America (USPAP-compliant). Ph. 805.616.2781/www.andersonshea-artappraisals.com
* This is not considered a formal appraisal. An appraisal is a legal document, generally for insurance purposes, written by a qualified expert who has examined the artwork in-person and is paid for by the owner of the item. An appraisal involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object. This article is restricted-use and is intended for educational purposes only.