Antonio Jacobsen's 1911 portrait of the schooner dubbed Goldfield depicts the white-bodied vessel in profile, prow to the left. Its four masts are topped by, respectively, an American jack, a line flag, a flag with the ship's name, and the American flag.

What you see: A portrait of the Goldfield, a four-masted schooner, painted in 1911 by Antonio Nicole Gasparo Jacobsen. Eldred’s estimates it at $8,000 to $10,000.

The expert: Joshua Eldred, president of Eldred’s and head of its fine arts department.

How prolific was Jacobsen? Extremely prolific. It’s estimated that he painted over 6,000 works. He had a long career, and he was also good and reasonable, so he was popular.

Did he only paint portraits of ships? Pretty much. 99 percent of what we see are ship portraits.

Do we know how many of his ship portraits depict schooners? I’m not sure, but what’s interesting about Antonio Jacobsen’s career is it follows the development of American naval history. Earlier paintings are more likely to be traditional sailing ships.

This is a schooner, and he painted it in 1911. Is that unusual for him? It’s pretty classic for him. It’s a little late for him. After 1905, you start to see yachts and racing scenes and more interesting things. He had achieved success in his career [by then]. He was financially sound. The captain or the lead engineer might have commissioned it. If there were multiple owners, he might do multiple portraits of the same ship.

What do we know about the Goldfield? We don’t know too much about it.

Do collectors have a preference for an era or phase of his career? Every collector is different. Certain Antonio Jacobsen collectors only want certain lines of steamships. Some like to collect family ships–their great-grandfather might have invested in a certain ship, and they want that. Generic collectors prefer them to 1890 to 1895. When you start to get to the early 1900s, unless it’s a great example, they don’t pay quite as much.

What details mark this as an Antonio Jacobsen? The treatment of the ship is very typical, and the water is very typical. For post-1905 paintings, Jacobsen employed his kids sometimes to do the water and the sky. With this one, and it’s more of a feeling, he did the water rather than his kids. In my opinion, and there’s no way to tell for sure, his kids might have played a part in the sky in this one, but I think the water and the ship are all him.

What points to the waves being typical of him? It’s more the way he painted the waves. They have a wonderful modulation of colors, and [it’s in] the way the boat touches the water.

Could you explain the meanings behind the pennants that top some of the masts? Obviously one is the American flag and one has the ship’s name. What are the second and the first ones? The line was part of WW. They co-owned the ship. The pennant on the foremast [the one with a blue background and white speckles] is the American jack. It represents it as an American ship. A lot of times it was on when the ship was moored. Above the American flag, there’s a wind indicator.

How did he do this? Would he have worked from a template, or did he view the ship in person? Most likely, he observed it in person and created a sketch. Generally what would happen is the ship would come into port and the captain or the owner would ask [would commission a painting from Jacobsen]. He’d sketch it and would deliver it the next time they were in town.

What condition is it in? This one is in pretty good shape. There’s a little inpainted sky. At one point in its life it suffered some sort of paint loss or damage, and the restorer carefully fixed it.

How did you arrive at the estimate? We’ve been in business since 1948, and we’ve sold hundreds of Jacobsens over the years. When you have 6,000, 7,000 paintings, there’s a lot of art out there. A lot of the paintings are owned by New England people.

What is it like in person? It’s a pretty fair representation. It’s a vibrant picture in person. The sails have a little air in them. It’s in movement. One of the things I like about it is the activity on the deck. It’s a nice detail to have.

How to bid: Jacobsen’s portrait of the Goldfield is lot 423 in the Spring Sale at Eldred’s on April 5 and 6, 2019.

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