Olaf Carl Seltzer Watercolors: Auction Prices

American · 1877–1957

ArtSell has recorded 59 auction results for Olaf Carl Seltzer watercolors between 2005 and 2026, of which 53 sold (90% sell-through). Prices realised range from $585 to $67,200, with a median of $8,925 across 53 priced sales (USD at the sale-date rate). A further 7 lots offered at auction whose result the house did not publish are listed but not counted. The highest recorded price is $67,200 for “Sunfisher” at Coeur d'Alene Art Auction in 2006.

Record: Sunfisher — $67,200Sign up free to see

Price chart & statistics for Olaf Carl Seltzer →

All watercolors results

1. 
   Dr. and Mrs. B.O. Fisher Season Greetings Card (and envelope) ( 1933 )

   Watercolor

   Card: 4 1/2 x 5 1/2 inches; Envelope: 5 x 5 1/2 inches

   Scottsdale Art Auction · Aug 22, 2026 · Lot 452
   $3,000≈ £2,197≈ €2,564Price realizedSign up free to seeEst. $2,000–4,000View at Scottsdale Art Auction ↗
2. 
   Sentinels of the West, 1906

   Watercolor · Paper

   10.75 x 13.75 inches

   Coeur d'Alene Art Auction · Jul 25, 2026 · Lot 215
   $10,285≈ £7,719≈ €9,040Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
3. 
   Fall Bird Hunting

   Watercolor

   March in Montana · Mar 21, 2026 · Lot 405
   Result not publishedEst. $8,000–12,000View at March in Montana ↗
4. 
   Indian Rider

   Watercolor

   March in Montana · Mar 22, 2025 · Lot 663
   Result not publishedEst. $10,000–15,000View at March in Montana ↗
5. 
   Bucking Horse

   Watercolor

   March in Montana · Mar 22, 2025 · Lot 428
   Result not publishedEst. $10,000–15,000View at March in Montana ↗
6. 
   The Medicine Man

   Watercolor · Paper

   sight 5 3/4 x 4 in.

   Bonhams · Aug 9, 2024 · Lot 1133
   $1,408≈ £1,105≈ €1,290Price realizedSign up free to seeEst. $800–1,200View at Bonhams ↗
7. 
   Big Horn Ram

   Watercolor

   March in Montana · Mar 16, 2024 · Lot 692
   Result not publishedEst. $4,000–6,000View at March in Montana ↗
8. 
   Bucking Horse

   Watercolor

   March in Montana · Mar 16, 2024 · Lot 691
   Result not publishedEst. $10,000–15,000View at March in Montana ↗
9. 
   Illustrated Envelope to John Tirsell

   Watercolor

   3.75 x 5 in

   March in Montana · Mar 15, 2024 · Lot 153
   Result not publishedEst. $800–1,200View at March in Montana ↗
10. 
    The Medicine Man

    Watercolor · Paper

    sight 5 3/4 x 4 in.

    Bonhams · Nov 7, 2023 · Lot 5
    Unsold / did not meet reserveEst. $2,000–3,000View at Bonhams ↗
11. 
    Native American Figures and Ponies at a Watering Hole

    Watercolor · Paper

    sight 22 1/4 x 28 1/2 in.

    Bonhams · Apr 26, 2023 · Lot 43
    $8,925≈ £7,160≈ €8,085Price realizedSign up free to seeEst. $8,000–12,000View at Bonhams ↗
12. 
    Indian Brave

    Watercolor

    10 x 8 inches

    Scottsdale Art Auction · Apr 15, 2023 · Lot 180
    $3,217≈ £2,573≈ €2,909Price realizedSign up free to seeView at Scottsdale Art Auction ↗
13. 
    Grazing Horse

    Watercolor

    2 1/2 x 4 1/2 inches

    Scottsdale Art Auction · Apr 15, 2023 · Lot 179
    $585≈ £468≈ €529Price realizedSign up free to seeView at Scottsdale Art Auction ↗
14. 
    Mare & Colt

    Watercolor

    3 1/2 x 4 1/2 inches

    Scottsdale Art Auction · Apr 15, 2023 · Lot 178
    $819≈ £655≈ €741Price realizedSign up free to seeView at Scottsdale Art Auction ↗
15. 
    Indian and Horse Travois

    Watercolor

    2 1/2 x 4 1/2 inches

    Scottsdale Art Auction · Apr 15, 2023 · Lot 177
    $936≈ £749≈ €847Price realizedSign up free to seeView at Scottsdale Art Auction ↗
16. 
    Elk

    Watercolor

    March in Montana · Mar 17, 2023 · Lot 258
    Result not publishedEst. $2,000–3,000View at March in Montana ↗
17. 
    Duck hunting scene with hunter and dog

    Watercolor · Paper

    sight 17 x 28 in.

    Bonhams · Nov 1, 2022 · Lot 26
    $3,188≈ £2,758≈ €3,204Price realizedSign up free to seeEst. $5,000–7,000View at Bonhams ↗
18. 
    Moving camp

    Watercolor · Paper

    sight 3 x 4 1/2 in.

    Bonhams · Nov 1, 2022 · Lot 7
    $1,913≈ £1,655≈ €1,923Price realizedSign up free to seeEst. $3,000–5,000View at Bonhams ↗
19. 
    Native American on Horseback

    Watercolor · Paper

    sight 12 1/2 x 8 1/2 in.

    Bonhams · Nov 1, 2022 · Lot 6
    $10,838≈ £9,377≈ €10,895Price realizedSign up free to seeEst. $6,000–8,000View at Bonhams ↗
20. 
    Crow Warriors

    Watercolor · Paper

    sight 8 1/2 x 11 1/2 in.

    Bonhams · Nov 1, 2022 · Lot 5
    $6,120≈ £5,295≈ €6,153Price realizedSign up free to seeEst. $6,000–8,000View at Bonhams ↗
21. 
    The Scouting Party

    Watercolor · Paper

    10 x 15 inches

    Coeur d'Alene Art Auction · Jul 31, 2021 · Lot 250I
    $15,730≈ £11,263≈ €13,228Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
22. 
    The Story TellerAttributed to the artist

    Watercolor · Paper

    13 x 8 in.

    Brunk Auctions · May 21, 2021 · Lot 977
    Unsold / did not meet reserveEst. $2,000–3,000View at Brunk Auctions ↗
23. 
    Indian on Horseback

    Watercolor

    8 1/4 x 6 inches

    Scottsdale Art Auction · Apr 10, 2021 · Lot 291
    $4,388≈ £3,199≈ €3,691Price realizedSign up free to seeView at Scottsdale Art Auction ↗
24. 
    Squaw and papoose

    Watercolor · Board

    9 3/4 x 4 3/4in

    Bonhams · Feb 26, 2021 · Lot 9
    $7,650≈ £5,494≈ €6,311Price realizedSign up free to seeEst. $3,000–5,000View at Bonhams ↗
25. 
    The Signal, 1900

    Watercolor · Paper

    13 3/4 x 19 3/4in

    Bonhams · Feb 26, 2021 · Lot 8
    $15,300≈ £10,988≈ €12,623Price realizedSign up free to seeEst. $10,000–15,000View at Bonhams ↗
26. 
    Wolves with Buffalo Skull

    Watercolor · Paper

    5 x 7 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 186
    $6,545≈ £5,130≈ €5,638Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
27. 
    Waiting

    Watercolor · Paper

    12 x 9 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 153
    $5,950≈ £4,664≈ €5,126Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
28. 
    Stagecoach Attack

    Watercolor · Paper

    11 x 16.5 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 19
    $23,800≈ £18,655≈ €20,503Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
29. 
    Indian Rider with Lance and Shield

    Watercolor · Paper

    10 x 15 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 10
    $17,850≈ £13,991≈ €15,377Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
30. 
    Illustrated Letter & Envelope, 1939

    Watercolor · Paper

    10.5 x 7.25 and 3.5 x 7.25 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 9
    $7,735≈ £6,063≈ €6,664Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
31. 
    Illustrated Letter & Envelope, 1934

    Watercolor · Paper

    10.5 x 7 and 3.5 x 7 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 8
    $6,545≈ £5,130≈ €5,638Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
32. 
    Illustrated Envelope, 1927

    Watercolor · Paper

    3.75 x 7.25 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 188
    $7,735≈ £6,063≈ €6,664Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
33. 
    Hunting Buffalo

    Watercolor · Paper

    7 x 10.5 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 18
    $23,800≈ £18,655≈ €20,503Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
34. 
    At the Waterhole

    Watercolor · Paper

    9.5 x 13.5 inches

    Coeur d'Alene Art Auction · Jul 25, 2020 · Lot 17
    $23,800≈ £18,655≈ €20,503Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
35. 
    Moving Camp

    Watercolor

    6 x 11 inches

    Scottsdale Art Auction · Jun 13, 2020 · Lot 150
    $3,510≈ £2,784≈ €3,105Price realizedSign up free to seeView at Scottsdale Art Auction ↗
36. 
    Medicine Man (Navajo)

    Watercolor · Paper

    sight, 7 1/2 x 4 1/2in

    Bonhams · Feb 15, 2019 · Lot 344
    Unsold / did not meet reserveEst. $4,000–6,000View at Bonhams ↗
37. 
    Portrait of an Indian, 1915

    Watercolor · Paper

    13 x 10in

    Bonhams · Feb 8, 2019 · Lot 2
    $2,500≈ £1,928≈ €2,203Price realizedSign up free to seeEst. $5,000–7,000View at Bonhams ↗
38. 
    The Watering Hole

    Watercolor · Paper

    9.25 x 13.25 inches

    Coeur d'Alene Art Auction · Jul 28, 2018 · Lot 245
    $13,090≈ £10,002≈ €11,260Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
39. 
    Antelope

    Watercolor · Paper

    4 x 5 inches

    Coeur d'Alene Art Auction · Jul 28, 2018 · Lot 72
    $56,525≈ £43,188≈ €48,624Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
40. 
    Winter Alert, 1900

    Watercolor · Paper

    13.25 x 19.5 inches

    Coeur d'Alene Art Auction · Jul 29, 2017 · Lot 5
    $5,355≈ £4,089≈ €4,566Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
41. 
    Scout, 1906

    Watercolor · Paper

    14.25 x 11 inches

    Coeur d'Alene Art Auction · Jul 29, 2017 · Lot 2
    $5,355≈ £4,089≈ €4,566Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
42. 
    Overlooking the Missouri

    Watercolor · Paper

    9 x 12 inches

    Coeur d'Alene Art Auction · Jul 23, 2016 · Lot 29
    $16,660≈ £12,722≈ €15,126Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
43. 
    Heading to Market

    Watercolor · Paper

    6 x 9 inches

    Coeur d'Alene Art Auction · Jul 25, 2015 · Lot 10
    $3,218≈ £2,079≈ €2,942Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
44. 
    Letter with illustration of mounted cowboy and bison, 1949

    Watercolor · Paper

    first 2 1/2 x 3in; second 1 1/4 x 2in

    Bonhams · Apr 28, 2015 · Lot 114
    Unsold / did not meet reserveEst. $4,000–6,000View at Bonhams ↗
45. 
    Letter with illustrations of a raven, donkey and mining cave, 1948

    Watercolor · Paper

    first 3 x 3in; second 3 x 4 1/2in; third 3 1/2 x 5in

    Bonhams · Apr 28, 2015 · Lot 113
    Unsold / did not meet reserveEst. $7,000–10,000View at Bonhams ↗
46. 
    Letter with illustrations of a mounted cowboy and an Indian, 1949

    Watercolor · Paper

    first 3 x 4in; second 3 x 1 3/4in

    Bonhams · Apr 28, 2015 · Lot 112
    Unsold / did not meet reserveEst. $7,000–10,000View at Bonhams ↗
47. 
    Team Roping

    Watercolor · Paper

    9 x 12 inches

    Coeur d'Alene Art Auction · Jul 27, 2013 · Lot 245
    $14,040≈ £9,117≈ €10,588Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
48. 
    Standing Cowboy with remarque

    Watercolor · Paper

    11.5 x 7 inches

    Coeur d'Alene Art Auction · Jul 27, 2013 · Lot 252
    $12,870≈ £8,357≈ €9,706Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
49. 
    Scouting on the Plains, 1900

    Watercolor · Paper

    20 x 28 inches

    Coeur d'Alene Art Auction · Jul 27, 2013 · Lot 255
    $52,650≈ £34,188≈ €39,706Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗
50. 
    Letter to John J. Holmes

    Watercolor · Paper

    9.25 x 7.25 inches envelope: 4 x 7.5 inches

    Coeur d'Alene Art Auction · Jul 27, 2013 · Lot 303
    $9,360≈ £6,078≈ €7,059Price realizedSign up free to seeView at Coeur d'Alene Art Auction ↗

Other media by Olaf Carl Seltzer

PaintingsWorks on PaperOil PaintingsMixed MediaGouaches

All Olaf Carl Seltzer auction results → · Own a watercolor by Olaf Carl Seltzer? Get a free auction estimate →