How to Find the Value of Artwork: 3 Signs That Your Art Is Over $1M

How to Find the Value of Artwork: 3 Signs That Your Art Is Over $1M

Everything has a price, and even historically invaluable and rare painting has it too. The art industry cannot work without art evaluation. Without the appropriate and well-calculated cost, the market will crash in no time. Every art collector, dealer, and artist needs to know how to find the value of artwork. If you own an old painting that you found in the attic, and you want to find out how much it costs, you should be aware of several parameters influencing the value of art. Take a look at the following signs.

How to Find the Value of Artwork: 3 Signs That Your Art Is Over $1M

1. An influential artist

The idiosyncrasy of art often lies in its creator. There is a little chance that you can find a lost masterpiece by the world-known genius. But if you will, you are born under a lucky star. Such artworks usually cost a pretty penny.

2. Authenticity

If you think that you own a painting by Marcel Duchamp or an original art print by Banksy, you need to double-check its authenticity. Nowadays, people can make copies of unbelievable quality.

3. Condition of a painting

The bitter truth is that even art of unprecedented value can lose its initial value due to the damage. Because of that, you need to launch a condition report to get the full information about the artwork and its integrity.

All these three signs point to the fact that a work of art is special and has a high value. After your attentive analysis, you should turn to art appraisers. They will be able to either make you extremely happy or acknowledge your fears. Either way, it is worth a try. If you are still perplexed about how to find the value of artwork, we would be happy to answer any of your questions.