Sample Appraisal: Painting, Oil on Canvas

Sample Appraisal: Painting, Oil on Canvas

Appraisal ID: 11254
Appraised On: Aug 16, 2006
Market Value: $ 4,000.00
Replacement Value: $ 5,300.00


Artist: Tarkay, Itzchak (Isaac). Oil on canvas. “Diane.” Artwork
size: 40 x 40 in. Artist signed lower right. Certificate of
Itzchak Tarkay was born in 1935 in Subotica on the Yugoslav Hungarian
border. When he was only nine years old, the Nazis sent Tarkay to
Mathausen concentration camp. After the war, he returned home and
developed an interest in art. While still at school in Subotica, he won a
prize for excellence in painting art, prints and posters. In 1949 he
and his family immigrated to Israel and were sent to a transit camp for
new arrivals at Beer Ya’akov. Their next two years were spent in a
Kibbutz. In 1951, Tarkay received a scholarship to the Bezalel Art
Academy in Jerusalem, where he studied for a year before having to leave
due to difficult financial circumstances at home. In order to continue
his scholarship, he was allowed to study under the artist Schwartzman
until his mobilization to the Israeli army.

After returning to the familiar environment of Tel Aviv, Tarkay enrolled
in the Avni Institute of Art, which he graduated in 1956. His teachers
there were Mokady, Janko, Schtreichman and Sematsky. Tarkay has since
exhibited extensively both in Israel and abroad, and his art, prints and
posters can be found in many public and private collections.
Item/Title: “Diane”
Date/Period of Manufacture: 1994
Condition: Very good
Manufacturer/Artist/Author: Itzachak (Isaac) Tarkay
Dimensions (HxWxD): Image size 40″ x 40″ Framed 46″ x 46″
Inscription: Signed by artist in lower right. There is a certificate of
authenticity dated 1995
History/Provenance: Inherited from a friend who passed away May 2006

This online appraisal report is an appraisal expert’s opinion of
value based on market comparable research of the item description and
images supplied by our customer. No further guarantee of authenticity,
genuineness, attribution or authorship is represented.

Current Fair Market Value is the price agreed on between a
willing buyer and seller, neither being required to act, and both having
reasonable knowledge of the facts.

Replacement Value is the price in terms of money that would be
required to replace the property in question with another of similar
age, quality, origin, appearance, provenance and condition, within a
reasonable length of time in an appropriate market.

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