DELAWARE, Ohio – An oil on canvas titled “The Robe of Winter” sold for a surprising $156,875 to Boyertown, Pa., dealers Valerie and Kurt Malmberg of Greshville Antiques and Fine Art during a Jan. 30 sale at Garth’s Auctions.
Bidding opened up at $20,000 – just a bit higher than the conservative estimate listed in the catalog – and did not stop until it was knocked down for a record breaking $156,875, including buyer’s premium.
The painting was the second lot in Garth’s Fine & Contemporary Art and Asian, Continental & American Furniture & Decorative Arts auction.
The monumental 42-inch by 46-inch oil on canvas landscape was painted by Pennsylvania artist Arthur Meltzer and was deaccessioned from the Columbus Museum of Art.
In addition to its original frame it retained labels from six major, early 20th century exhibits and the evidence of three other missing labels.
All these features prompted the Malmbergs to cancel their previously arranged phone bids and make the trip to Ohio to bid and eventually win the lot in person.
“It is an honor to have purchased such a beautiful painting and it is exciting that it is one that represents the rare ‘total package’ – excellent condition, original frame, award winning history and a strong provenance,” Valerie Malmberg said. “It is a gem!”
The Malmbergs plan to unveil the painting at an upcoming show or gallery event after very light restoration.
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