Why are some pictures worth so much

Selling Paintings: 5 Tips for Appreciation

Selling Paintings: 5 Tips for Appreciation

Real paintings can be immensely valuable. So if you inherit an old work of art, you should handle the object with care. It can bring in a real fortune at times. If you do decide to sell an old painting, do a thorough research of the value of the painting before selling it. We'll tell you how you can recognize the value of your painting and how you can get a good price.

Painting as an investment

Painting as an investment

Countless people collect art. Enthusiastic art collectors are ready to spend millions on a special work of art. Three-digit million amounts are not uncommon for paintings by sought-after artists such as Picasso. Even with works of art by lesser-known artists, you can still make a decent profit.

Paintings not only look good and add to a cozy interior, they are also ideal as an investment. This is one of the reasons why collecting art is so popular. The value of a work of art sometimes even increases over the years. Picasso's works were worth only a few thousand euros in the 1950s, while today hundreds of millions are paid for paintings by the well-known artist. So if you can afford to invest your money in art, you can increase your money immensely by buying a painting by an aspiring artist.

Sometimes real treasures only appear after countless years because they were forgotten in the attic, for example. If you then decide to sell the work in question, it is often more difficult than selling other valuables such as jewelry. Few people are true art connoisseurs and know how to proceed when selling works of art such as oil paintings and watercolors.

Selling a painting: Determine the value in five steps

This is how the valuation succeeds

Before you offer your painting for sale, you should first become aware of its value. Because just because your painting looks old doesn't mean it has to be valuable. The value of a painting depends on several factors. Recognizing these factors can be difficult for laypeople. An expert is the safest way to get a reasonable estimate for your painting. With a little research, you can determine a rough estimate for your painting yourself.

Recognize real paintings

For several centuries, paintings have been reproduced in the form of art prints. The prints are of course worth less than their originals. That is why you should make sure before selling whether it is the original or an art print. Art prints are often on thin paper and can be rolled up, for example. The artist paints real paintings on canvases. The image surface should therefore be examined more closely. Here you can also feel the authenticity of the painting. If you gently run your fingertips over the painting, you should be able to feel the brushstrokes on a real painting.

The relevance of the artist

Many artists leave a signature on the edge of the work that indicates the name of the artist. During the valuation, you should check this signature and find out about the relevant artist. Well-known artists get a higher price, of course, as their works are more in demand than those of lesser-known artists. If you can't find the signature at first glance, it's worth taking a look at the back of the painting. Some artists leave their initials or their full name here as well.

Certificate of Authenticity

Some works of art, such as oil paintings, contain certificates of authenticity, which list all the important characteristics of the work of art and confirm the authenticity of the painting. Such a certificate of authenticity is usually issued by an expert. Instead of handing out such a certificate, a photo expertise is also carried out. The respective work is photographed and the decisive properties of the work are recorded on the back of the photo. The title of the work, the artist, the year of creation, the technique and the dimensions of the painting should be given. In addition, the corresponding signatures and dates should also be listed on the painting itself. The expert should also confirm that he considers the work of art to be genuine. If necessary, an invoice listing the properties mentioned is sufficient.

Condition of the painting

Depending on the condition of the painting, you should have it cleaned or restored before you sell it. This can further increase the value of the property. Soiling can easily be removed by cleaning or restoring the painting. However, if there is damage, this can significantly reduce the value. However, restorations are undesirable for some paintings. This is especially the case with older works of art. Buyers usually want to purchase these paintings in their original condition. You can still clean these paintings gently. However, you should not do this yourself, but rely on an expert. This usually cleans the painting with a special brush.

Collector's item

Collectibles are sought after by many collectors. Due to the high demand, these works achieve a correspondingly high price. Works by a sought-after artist are often referred to as collector's items. Certain motifs are also popular. Every now and then it happens that a collector's item disappears from the market for a few years or is even considered lost. This can significantly increase the value of the collector's item. The demand for the work is then usually higher than ever.

If you work as an artist yourself and create your own paintings, you definitely want to earn a little money with them. After all, the hours of work that you have put into your art should be rewarded. However, it is often not that easy to sell your own works of art. The biggest hurdle is probably the place where you want to sell your art.

Some artists sell their paintings at Christmas and flea markets. However, this is not expedient. Although many products can be quite expensive here, nobody is willing to spend several hundred euros on a work of art. The point of sale should be carefully considered. Buying art should be an experience for the buyer. He should enjoy buying your art. The atmosphere should be right.

If you cannot exhibit and offer your art in a gallery or in your own studio, it is worthwhile to consider certain sales options on the Internet. Online shops like Etsy offer a sales platform for creatives who want to earn a little extra money with their works of art. You can sell original paintings here for several hundred euros, but prints of the original paintings are also often bought at lower prices.

This is what you should consider before selling paintings

This is what you should consider before selling paintings

The art market is very opaque. It is difficult for a layperson to look behind the mechanisms of the art market. While six-figure amounts are paid for the art of one artist, a similar work of art by another artist is only worth a fraction of that. It is often difficult to maintain an overview.

The value of a work of art cannot be determined by the quality of the painting, but depends solely on demand. Cheap paintings do not necessarily have to be less creative or less elaborate, they are just not so much in demand on the art market. So in order to appreciate the value of a painting, you have to watch the art market for a long time. This can be a chore at times. Art experts are more familiar with this profession and can use their expertise to assess the value of a work of art.

So to save time and close the sale faster, it pays to seek advice from an expert. He can collect a decent salary for his expert opinion, but you are on the safe side. You save time and can be sure that you know the value of your painting.

Sell ​​paintings at online auction houses

Painting auction at Catawiki

You can sell valuable art treasures not only at art dealers and local auction houses, but also on numerous online platforms where you can offer your paintings. Online auction houses are particularly suitable, where you can auction your objects at a good price from the comfort of your home. The best known platform for this is probably “ebay”. This offers a good option for buying and selling. “Ebay” has a high market share and thus many potential buyers, but this also means that there is greater competition among the sellers. That can push the price down.

Enthusiastic art collectors come together primarily at specialized online auction houses, first and foremost at Catawiki. This platform works together with experts and thus ensures optimal conditions for sellers and buyers. Before the auction, the experts check the individual objects and their descriptions. Only then will they be released for auction. So both the seller can be sure of the seriousness of his action and the buyer of the value of the individual painting. On Catawiki you will not only find paintings, but also antiquarian books, vintage cars, coins, records, stamps, jewelry and more to buy and sell.

Around 14 million people from all over the world visit Catawiki every month. There are around 300 auctions every week. With a lot that is allocated to you on the platform, you can also auction your objects. Some paintings fetch prices in the five-digit range here. If you have successfully sold your work of art, you will have to pay a commission, just like in normal auction houses. However, Catawiki offers you a significantly higher number of buyers as people from all over the world can bid on your painting. This significantly increases the chance of your work being sold at the desired price.

To Catawiki (12 votes, average: 4,50 out of 5)
You need to be a registered member to rate this post.