When most people think about rare art, the first thing that comes to mind is gilded frames and museum gallery walls. But this isn’t the case for all precious artwork.
There could be artwork sitting in your basement or attic worth a small fortune! To identify these hidden gems, you need to know what to look for.
We’ll go over the qualities that make up a rare piece of art so you can identify if you’re sitting on a hidden goldmine.
Look at the artist
If you’re wondering if you own a masterpiece, first check to see who the artist is. Does the name ring a bell? Generally speaking, the more well-known the artist, the more expensive your artwork is.
Don’t dismiss your artwork because the artist is more current. Although old paintings are usually more valuable, this isn’t always the case.
Some modern artists create art worth a fortune due to its popularity. There’s even a digital art movement. Be sure to check it out!
What are the colours and subject matter?
The subject matter and colours the artist used can tell a lot about the value of the artwork. Often, artwork in brighter colours is worth more than dull art. Portraits of women and dreamy landscapes also tend to fetch a higher price tag.
What is the medium used?
Although not a hard and fast rule, artwork created with oil paint on canvas will get you the most money.
Don’t throw away any old sketches or drawings though. Depending on their history, they can still be worth some cash.
What is the artwork condition?
Does your art have rips or discoloration? This can drive the value of the piece down.
If you’re hoping to catch an art collector’s eye with the artwork, use caution when inspecting the piece. Always wear gloves and go at a slow pace when checking for damage.
Don’t forget about the frame
The frame that holds the art is almost as important as the artwork itself! Usually, the more ornate the frame, the more the artwork is worth. You’ll find valuable antique artwork in frames that look hand-carved.
Who owned it before you?
The prior owner of your artwork can tell you a lot about how much your art is worth.
If the artwork has been in your family for generations, it could be worth more than you think. The art could’ve come from the original artist or collector a long time ago and been forgotten about.
Look at the Back
It’s not only the artwork that’s important when determining if your piece has value; the back can tell you a lot too.
Look for a sticker or mark showing the art was once in a museum or gallery. Sometimes, you’ll find a receipt tucked away in the back of the frame too.
Could you have a rare art piece in your home?
The next time you rummage around your attic, keep your eyes peeled for rare art. You could have a family heirloom worth a small fortune!
Are you looking for more information like this? Check out our other business and finance blogs today!
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