How do I find out how much my art is worth?
Consider finding an appraiser to determine the value of your artwork. Appraisers are trained specialists who work for a fee. They evaluate your piece and give you a written statement of its value. Although the following organizations do not provide appraisals themselves, they each publish a directory of their members.
How much do art auctions make?
Art auctioneers generally receive commissions for each piece of art they sell, so the actual yearly salary can differ from one auctioneer to the next. However, the BLS reports that the annual median salary for art auctioneers in 2012 was $23,860.
Are art prices going up?
The average price paid for a piece of fine art purchased online via Christie’s, Phillips, and Sotheby’s in the first eight months of the year was $25,298, a dramatic 167% increase from the 2019 average of $9,476.
What is a fair price for art?
Think about a reasonable hourly wage and the cost of materials when pricing your art – that includes framing and shipping, if applicable. The US Dept. of Labor lists the average hourly wage for a fine artist as $24.58—use this to help you estimate.
Do auction houses buy art?
Auction houses are still some of the best places to buy art, but you need price guidance, because the bidding competition in the room can be exciting and seductive. That was the highest price paid for a work of art for more than half a century.
Why is bad art so expensive?
With plenty of demand for artwork, it is the supply side of the equation that often leads to outrageously expensive prices for art. Scarcity plays a huge role. Many of the most famous artists in history are no longer living. This leads to another factor that affects the price of art: each piece of art is unique.
How much should I charge for a drawing?
The US Department of Labor lists the average hourly wage for a fine artist as $23.22/hour. If you’ve been drawing for three years or more, this is a good starting point for calculating your hourly rate.
What’s the average price of Fine Art at auction?
The most trusted database of auction results for fine art, design, and decorative artworks, starting at just $32.50.
How many art auctions are there in the world?
It provides easy and transparent price research from auction records dating back to 1985, allowing you to independently assess how much a work of art is worth. The database contains over 12 million color-illustrated fine art, design, and decorative art auction results with complete lot descriptions.
Are there any auction results that are free?
LiveAuctioneers’ Auction Price Results Database is a free research tool for those who want to buy or sell. Access 21 million art, antique, jewelry, furniture, collectible, and fashion results that were auctioned off from thousands of global auction houses.
How to find past auction results for art?
Access over 12 million past auction results with prices, images, detailed descriptions, and more. Find comparable lots using advanced filters, such as medium and date, to easily appraise your collection. View upcoming sales alongside recent auction results to track and target future collecting opportunities.
