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Message
Value of a painting
Posted on 5/30/11 at 10:42 pm
Posted on 5/30/11 at 10:42 pm
My sister gave me a couple of paintings ten or so years ago.
Recently she mentioned the painter, a friend of hers, had sold some paintings for quite a bit of money.
Anyone know how to get a value on art without pulling the stuff down and taking it to some appraiser.
I googled the painter and he is actually known as an author with no history as a painter
Recently she mentioned the painter, a friend of hers, had sold some paintings for quite a bit of money.
Anyone know how to get a value on art without pulling the stuff down and taking it to some appraiser.
I googled the painter and he is actually known as an author with no history as a painter
Posted on 5/31/11 at 12:48 pm to chuckie
quote:
Anyone know how to get a value on art without pulling the stuff down and taking it to some appraiser.
I was trying to do this recently, and got no where. I have some art. Worried about appreciation and whether I need to schedule it for insurance. When I bought it, each piece was worth less than my deductible. Since one of the more famous artists in my collection has since died, I would think that the value of his paintings has increased. All Google found me was a million places that sell prints of his more famous works.
The problem with an appraisal is that you might have to pay a couple of hundred for the appraisal of each work. Then, if you get the appraisals, you still have no buyer for the art. If you want to sell a piece, the only way to get full value is to sell it through a gallery who will take a nice commission.
I guess the bottom line is that it doesn't pay to own art that's not by Van Gogh. I have explained to my heirs not to sell my art in an estate sale when I'm dead. I guess the best hope is that they will star on a future episode of antiques road show when they take in my collection and find out it's worth a bundle.
Posted on 5/31/11 at 2:11 pm to chuckie
quote:It's worth what someone will pay.
Anyone know how to get a value on art without pulling the stuff down and taking it to some appraiser.
Perhaps your best shot at rough valuation would be finding out more specifics about other works the artist sold and going from there. Truly if the artist's work is that hot, there will be information on the net about it.
Posted on 6/1/11 at 12:06 am to NC_Tigah
quote:
Perhaps your best shot at rough valuation would be finding out more specifics about other works the artist sold and going from there. Truly if the artist's work is that hot, there will be information on the net about it.
This is what I thought. Surely there would be info on the web. But it wasn't out there. My artist died maybe a decade ago. The only information I could get was about who had one of his paintings in their collection. I guess I could call Grant Hill and ask him was his paintings are worth, but not sure he'd answer my call.
ADD: I went on Google and tried "Sold ARTIST original painting."
One for sale for $4000 to $6000-same painting, nicely framed. The painting is not near as good as my three paintings, for which I paid in the range of $1000 each, but the subject matter of the for sale painting is what the artist is famous for, whereas mine are not. Not sure what this means for me. Maybe will help with OP.
Makes me want to call my insurance agent.
This post was edited on 6/1/11 at 12:17 am
Posted on 6/1/11 at 9:49 pm to wrlakers
Why is it a secret who the artist is?
Posted on 6/2/11 at 12:08 am to chuckie
Take them to a few art dealers and get quotes. Take the average of that and make it your starting bid price on ebay?
I really don't know anything about art.
I really don't know anything about art.
Posted on 6/3/11 at 2:33 am to chuckie
Usually you can get an idea of value if the artist's work has been auctioned. There are a few websites that offer auction records, most you have to pay for the info. This one is free but you have to sign up.
LINK
Also, most of the big auction houses have records on line that you can search.
If you give me the name, I'll see what I can come up with.
LINK
Also, most of the big auction houses have records on line that you can search.
If you give me the name, I'll see what I can come up with.
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