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Although
you cannot appraise your own art for insurance or donation purposes, you
can research the value of your art easily on the web. There are many
sites that provide auction sales records for artists worldwide. There
may be a cost involved in accessing those records, but it is much less
than the cost of having an appraiser provide that information.
A
search of the artist’s name will also provide the names of galleries and
brokers that buy and sell the particular artist. Thus, not only can you
find out the current gallery prices for your artist, but also potential
buyers for your work.
Doing
your own research also allows you to distignuish which pieces in your
collection that should be appraised and which are not worth the
appraisal cost. Generally, if a general search on Google or other search
engines does not find references to your artist, it is very likely the
artist’s work does not possess collectable value. That does not mean the
work does not have decorative value, but that it is unlikely to have a
great deal of market value.
Your
research should begin with the artist’s name. This, of course, assumes
the work is signed, and the signature is recognizable. Unfortunately,
many artist’s signatures are difficult to decipher. So you may have to
include several variations of the spellings. To narrow you search down,
you can put the artists name in quotes followed by “art,” such as “Pablo
Picasso” art.
If
you are fairly certain that you have the correct name, and the search
does not reveal any results, then you can be fairly confident that the
work does not warrant an appraisal Most collectable artists will be
found in such searches, and usually the search will link to one of the
art information websites. By following the link to the website, many
will indicate whether the artists has any auction history. In most
cases, there is a cost to access that history, which most sites offer
for under $20.
The
search may also link to galleries and brokers who sell the particular
artist’s work. In some cases, the sites may have those prices displayed,
or you may have to email the gallery or broker requesting price
information. Since you are seeking, retail prices, you should not
indicate that you have a piece for potential sale, since that could
influence their retail price to you. You can always recontact the
gallery about potential sale.
Generally
speaking, auction prices are lower than gallery retail prices, and are a
better indicator of the price that you may ultimately receive for a
painting. Of course the auction house will also take a commission for
the sale.
Return
to Appraising Art Home Page
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TIP
-- If you have
a curiosity of the value of a piece of art, you can find much of that
information yourself on the internet, without spending a hundred dollars
an hour for an formal appraisal.--
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