The value of art has always been one of the most widely discussed topics. When it comes to pricing, many people, who are obviously foreign to fine art, are left scratching their heads, as the cost of paintings and sculptures pretty often rise up to thousands and millions of dollars. In fact, valuing art is a no-brainer if you have the basic knowledge of what factors influence the price. Today, you will get some useful tips on how to find the value of artwork!
5 tips on how to find the value of artwork
1. Older is not always better
Old and decrepit paintings are usually not a guarantee that artwork is valuable. Antique art is a separate category that has its own ‘singular’ rules.
2. Pay attention to an artist
Artist’s name makes a lasting impact on cost. If you want to know how to find the value of artwork, you should start with an individual standing behind it first. Their name is what usually attracts money.
3. Find out whether there are duplicates. If yes, how many?
The majority of artworks have copies and duplicates, which are not as valuable as the original pieces of artwork. Consequently, you need to check the authenticity of the items to make sure that everything is legit.
4. Don’t forget about market demand
Market demand is another leveler that you should pay close attention to. Because of the demand, the value of a single painting may rise and fall like waves in the ocean.
5. Turn to professional appraisers
If you face a conundrum, consider hiring professionals who will provide you with certified art appraisal services. Without a doubt, this is one of the most foolproof methods.
Now, when you know how to find the value of artwork and what factors influence its price, you can effectively use your knowledge to appraise your art. Good luck!