AUTHENTICATION
AND
APPRAISAL OF ARTWORKS
Prepared
for
J***
U*****
By
(Mr)
Gayle B. Tate
G.
B. Tate & Sons Fine Art

SUBJECT
ARTWORK
George
William Thornley
(France,
United Kingdom, Italy, 1857 - 1935)
"Storm
off the Coast of Cornwall"
Oil
on Canvas, 11 7/8 X 22 1/2 Inches
Signed
in paint lower right with Monogram “WT”
In
generally good condition

Detail
of Subject Artwork - Signature
AUTHENTICATION
NOTES
1.
In addition to
our own
research and findings from independent
resources, this authentication is submitted, using our own physical
examination and the submission of our own images and information
gathered from the original.
2.
The Subject
Artwork is an
oil painting on canvas, executed in the
typical style and fashion of the artist, Georges William Thornley. This
evaluation of the Subject Artwork is made primarily from
comparisons made to similar works sold through the public venues,
most notably by major auction houses of the United States and Europe,
and private galleries. In addition, substantiation of our
conclusions is supported through various professional texts and
documents, written by authorities on the artist’s work.
3.
The signature
on the
Subject Artwork compares favorably with the
typical signature on the work of Georges William Thornley. For
further discussion on this point, see Para 4 below.
4. Our conclusions
are
supported by the following factors and
characteristics that can typically be found in the work of
Thornley:
a.
Depiction of figures,
usually in groups, that appear regularly in
the artist's work
b. The somewhat rounded
backs and torsos, a characteristic well know
about the artist
c. Strong color, usually in
earth tones, bringing emphasis to the
central subject matter
d. Irregular and natural
ocean wave patterns (as opposed to stylized or
regular waves)
e. Depiction of a land form,
jetty or pier extending from one side of
the picture space
f. The tendency toward more
dramatic scenes and lighting, such as an
approaching storm, windy seas, sunset/sunrise or intermittent
lighting under cloudy conditions
g. Clouds that arise from
the same direction as figure groups and
landforms
h. The tendency to produce
small paintings
5.
The Subject
Artwork was
compared with other works by Thornley found
through various auction and art gallery facilities (See Appendix “A”
below).
6.
Examination of
the
Subject Artwork reveals very specific artistic
devices found in those used as comparisons in this report and listed
in Para 5 above. Other common characteristics are less easily
defined, such as the overall feel of the painting or tenor of the
scene itself.
7.
History
and Discovery Notes:
The artist is
generally known as William Thornley, but is also cataloged under the
name Charles Thornely, RBA (1858-1898). Furthermore, in a rather
mysterious and playful manner, he used a number of names to identify
his work. He signed his paintings variously as Georges William,
William A. Thornbery, W. A. Thornbery, Thornberry, Thornbury, and
Thornery. In addition, There are authenticated examples of his work
signed W. Lawrence and the name William during a period when he was
consistently using the name Charles. As if that is not enough, some
writers referred to him as Hubert Thornley, a name he is not known to
have used, presumably taken from the artist's tricky use of the T and
H monogram that he also used to sign his work, aside from his use if
the T and W monogram.
The
discovery of the two monograms “TH” and “TW”, used uniquely,
have only added to the researcher's burden, as speculations to the
artist's identity have been many over the decades.
This
confusing array of mischievous interplay of names and letters has
only added an extra burden to the searchers of authorship of
Thornley's work, making it difficult to track and accurately catalog
the artist's paintings. Nontheless, Denys Brook-Hart did exactly
that in his comprehensive book, "British 19th Century Marine
Painting" (Baron Publishing, Woodbridge, Suffolk, England,
1974). Brook-Hart meticulously sought work by British artists and set
out the task of compiling an authoritative volume to end such
confusion.
However,
another author of a discussion on the artist's work succumbed to the
confusion... stating "William Thornley was a painter of coastal
scenes whose work is very similar to Hubert and Charles Thornley, who
may have been members of the same family" (Haynes Fine Art of
Broadway, Worcestershire, United Kingdom).
He
was believed to have first exhibited marine paintings at the Royal
Academy in 1859 from an address in Paddington, London and also at the
British Institution from 1861 until it closed in 1867. He continued
to exhibit at the Royal Academy until 1898.
Thornley
also exhibited at the Paris Salon and the Salon of French Artists,
receiving an honourable mention in 1881 and a third place medal in
1888.
APPRAISAL
NOTES
8.
Valuation
of the Subject Artwork is based on the current market as of the date
of this writing. It should be noted that the year 2006 was the year
of the strongest sales for the artist's work, when auction prices
topped out above $45,000 USD. Due to economic factors, the market
was in a sharp decline from 2007 until the last two years
(2013-2015). Since that time, the markets have shown mildly renewed
vigor and the prices for the artist's work have increased, but not to
the levels seen in 2006. Recovery to that or higher levels will only
be determined over time and availabiity of the artist's work (See
Appendix “A” below).
9.
The value of
the Subject
Artwork is determined for true market value and comparable replacement,
if necessary. Replacement of the painting in the event of loss must by
necessity include addition expenditures, such as travel, agent or
gallery commissions and various factors, such as works that may or
may not be comparable in size, quality or condition to the Subject
Artwork. We have also submitted the market value separately, as an
estimate of the actual cash value for the Subject Artwork from a sale
to a private party, and does not include such expenditures.
10.
Factors
against value
for the Subject Artwork include the fact that
the artist did many different genres of work (landscape, still lifes
& etc). Such diversity usually plays against a high
evaluatuation.
11.
Factors for a
significant value include the fact that sea coast
scenes are the most sought by the artist.
12.
It is a major
factor
that the artist tended to create small
paintings. This means that size is not a hindering factor to value.
NOTE:
The value of the frame
or
other additions is not considered in this
evaluation, unless particularly noteworthy of attention and significant
value.
Explanation of the Appraisal
Value (see “Conclusions”, below):
In an open
and competitive market economy, the works of George William Thornley are well known and
accepted as viable goods. The artist's works are sold regularly through
established venues, and usually bring prices within forecast parameters
and pre-sale estimates.
The Appraisal Value
is the actual cash value at
which the Subject Artwork should be expected to sell from a typical
retail
or e-commerce art gallery located in a favorable market area for the
artist. Galleries or dealers will certainly buy or consign for a lesser
net amount, depending on their policies and projected profit or return
on investment. In practical terms, the actual cash procedes
anticipated from such a gallery for the Subject Artwork should be a
lesser amount, reduced by a specific percentage discount formula of an
amount, from a token discount to up to half the Appraisal Value. If
placed at auction,
the
anticipated net result should be comparable to such a gallery
transaction or greater. Offered directly to a suitable private buyer,
it should be
anticipated that the full Appraisal Value would be obtained.
CONCLUSIONS
The
Subject Artwork is an original oil on canvas by George
William Thornley
The
monogram
signature is by the hand of George William Thornley
Appraisal Value...
$6,500 USD
The
evidence of artworks compared to the Subject Artwork is compelling.
That and the opinion of other dealers and art professionals involved
with Continental and European painting agree with our conclusions.
There is therefore no reason to doubt its attribution to William
Thornley, nor its authenticity. The Subject Artwork is typical of the
artist and compares favorably in execution and subject matter with
the finest examples of the genre being offered in the marketplace. All
other factors, including technique and style, are consistent with
original works by the artist.
CERTIFICATION
This
authentication and appraisal is submitted for J. U*****
The
results are based on information submitted to us by Mr. U***** and
her
representatives, without our own firsthand examination of the Subject
Artwork
and
together with our own research, experience and other resources.
I
certify that the information contained in this authentication has
been thoroughly
researched and is a true, accurate and complete
record of my findings.
A copy of this report is retained at our
offices.
Certified
on this day...
January
7, 2017

G.
B. Tate & Sons Fine Art
414
South 19th Street | Laramie, Wyoming 82070 | 307 399-3316
www.gbtate.com | gbt@gbtate.com
Appendix
“A”
COMPARABLE
WORKS OFFERED IN THE MARKETPLACE
George William Thornley

French
Fishing Boats Outward Bound, Size: 16.00" x 24.00"
Low
Estimate: $800; High Estimate: $1,200
Skinner
Inc, Boston, 10/09/2015, Lot: 467

Coastal
Shipping, Size: 7.48" x 15.35"
Low
Estimate: $1,547 (£1,000); High Estimate: $2,321 (£1,500)
Thomas
Watson Auctioneers, 02/25/2014 , Lot: 619

Moonlight
at the Mouth of the Humber; Return of the Fishing Fleet, Size approx
8 x 16”
Sales Price**: $4,835 (£3,125);
Low Estimate: $3,095 (£2,000); High Estimate: $4,642 (£3,000)
Auction
House Bonhams Knightsbridge, 04/15/2015, Lot: 102

A
beach Scene with Fishing Boats, Size: 9.84" x 15.94"
Hammer
Price*: $1,114 (£720)
Low
Estimate: $232 (£150), High Estimate: $386 (£250)
Fieldings
Auctioneers, 09/06/2014, Lot 444

Low
Tide, Size: 13.98" x 12.01"
Low
Estimate: $795 (€600); High Estimate: n/a, Hammer Price*: $1,060 (€800)

Fishing
Boats off the Coast, Size: 10.00" x 14.00"
Low
Estimate: $1,857; High Estimate: $2,785; Hammer Price*: $1,857
Auction
House: Gorringes - Sussex, 09/04/2013, Lot 1313
Appendix
“B”
REFERENCES
AND RESOURCES
Standard
Biographical References and resources used in research, and quoted in
this appraisal are:
Malletıs
Index:
Mallettıs
Index of Artists, an International Bibliography, by Daniel Trowbridge
Mallett, 1948
Fielding:
Dictionary of American Painters, Sculptors and Engravers by Mantle
Fielding, 1974, revised and expanded 1989
Davenport:
Davenportıs Art Reference and Price Guide by R.J. Davenport,
published yearly, 1987 to present.
Benezit:
“Dictionnaire Critique et Documentaire des Peintres, Sculpteurs,
Dessinateurs et Graveurs”, by Emmanuel-Charles Benezit (a French
publication in 10 Volumes) 1976.
Thieme
- Becker:
“Allgemeines Lexicon der Bildenden Kunstler von der Antike bis sur
Gegenwart”, Leipzig, 1934 (a German publication in 40
volumes).
12. Other occasional biographical references, which
we do not commonly use, are detailed in full in the body of the
appraisal.
13. Sources for determining the Price Evaluation
(including Davenport,
Benezit
and
Johnson & Greutzner,
above) of the works of art are:
Franklin
& James: Auction
Price Guide, published Bi-Annually
Falkıs:
Auction Price Guide, published Annually
Hislopıs
Art Price Index:
Auction Price Guide, published Annually
Meyerıs
Price Guide to Antiques and Fine Art:
Auction Price Guide, published Bi-Annually
Fine
Art:
(Susan Theran)
Auction Price Guide to the Art Marketplace, published Bi-annually
from 1987 to 1996
Art
at Auction in America:
Auction Price Guide, published Annually from circa 1990 to
1995
AskArt:
Online auction, gallery and research resource on the internet
ArtNet:
Online auction, gallery and research resource on the internet
Fine
Art Investment Services:
Online auction, gallery and research resource on the internet
ADEC
(Artprice): Online
auction, gallery and research resource on the internet
Art
Library Online:
Online auction, gallery and research resource on the
internet
Traditional
Fine Arts Online:
Online auction, gallery and research resource on the
internet
iCollector:
Online auction, gallery and research resource on the internet
The
United States Library of Congress:
in Washington, DC
American
Art Review: A
bi-monthly art magazine devoted to the art marketplace and museum and
gallery operations
Art
and Auction: A
bi-monthly art magazine devoted to the art marketplace and art
auction operations
Art
and Antiques: A
bi-monthly art magazine devoted to the art marketplace and art and
antiques auction operations
Antiques:
A monthly art magazine devoted to the art and antiques marketplace
and gallery operations
American
Artist:
A monthly
art magazine devoted to the art marketplace and artist promotions and
marketing.
The
Artist:
A monthly
art magazine devoted to the art marketplace and artist promotions and
marketing.
The
Journal of Print World:
Bi-monthly news magazine on the area of fine prints and their
marketplace.
Appendix
"C"
ABOUT
G. B. TATE & SONS FINE ART
G.
B. Tate & Sons has served the art community continuously since
its founding in 1967 by its still current owner and president, Mr.
Gayle B. Tate. It was founded under the name Tate Gallery in
Tallahassee, Florida, and subsequently served in Tampa, Florida and
Asheville, North Carolina. Since his retirement in 2000, the offices
of G. B. Tate & Sons are located at:
G.
B. Tate & Sons Fine Art
414 South 19th ST.
Laramie, Wyoming 82070
(307) 399-3316
Mr.
Tate has acted as art dealer, gallery owner and appraiser since 1967.
He is the author of three privately published books on topics in the
art field, including art investments and the dynamics of the art
market. Other discourses have been on the prevention and recovery of
fakes, fraud and theft in fine art.
Mr. Tate served for five
years in the United States Air Force as a commissioned officer, being
discharged honorably with the rank of Captain in 1972.
Mr.
Tate is a founding member and past president of the Southeast
Professional Art Dealers Association, Tampa, Florida. Certified for
the authentications and appraisals of artworks under the auspices of
SPADA since 1980 (certification
no. FM-80-12003).
Mr.
Tate is a founding member and past president of “The Seven”,
Alliance of Artists, Asheville, North Carolina, 1992 - 2000
Mr.
Tate has worked for insurance companies throughout the United
States... from 1976-82, on two different occasions, Mr. Tate worked
with the private sector, insurance companies and the FBI to uncover
rings of fraudulent operations working in central Florida. Through
research and investigations of claims made by criminal vendors of
works of art, he was able to discover their purposes to create and
market fake works of art. In both occasions, the criminals involved
were tried and convicted of fraud charges and subsequently sentenced
to prison terms. On other occasions, thieves were brought to trial
and sentenced to prison terms.
Mr.
Tate is now retired from art gallery operations and management. He
continues to work privately at his offices in Laramie, Wyoming.
G.
B. Tate & Sons Fine Art
414
South 19th Street | Laramie, Wyoming 82070 | 307 399-3316
Web Site: www.gbtate.com |
Email: gbt@gbtate.com
|