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    By what standard would you price a work of art?

    +1  Views: 546 Answers: 2 Posted: 12 years ago

    2 Answers

    I buy the real art that nobody else wants at the end of a yard sale for pocket change  or whatever cash in my pocket. I look for quality that may have been beat up and may have a busted frame.  Old dirty oil paintings that are signed oddly with a brush. If the canvas is ripped I don’t care. Looks like something my grand parents may have brought over in a wagon from who knows where. If its ready for the burn pile I want that. I let it hang on my wall until I know everything about it. Art talks to me and tells me everything about it. I repair it usually…but only after a lot of time has passed. I look for it on the net and in art schools. Then sell reluctantly for what its worth…a thousand or better usually. I do get stung occasionally by art dealers. I gave one a spoon that was produced in 1245AD to appraise and they sold it at Christies for $40,000.00. 

    Longrat

    What a great answer! Thanks. My wife and I
    augment our income selling our art and its a
    subject of constant debate. In college a
    professor told me a rule of thumb is to calculate
    the cost of materials then multiply that sum by
    125. I've never used her method but I do take
    materials into consideration. Was it a pretty spoon?
    robertgrist

    The spoon was a taper point silver spoon. About 12 inches long and the handle was hammered square. The spoon looked like a 1/2 moon about 2” wide . It had been repaired at dome time. The 1/2 moon was mounted with the straight side of the 1/2 moon attached to the handle by a round tapered stem. The silver was not highly polished and there was no other markings. The silver color was obviously white silver rather than the various shades of yellow that is commonly seen.

    The ethnic standard. If he's Italian, it's a masterpiece.



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