Have you visited an art gallery where the value of a painting is quite high? Have you ever wondered what makes a painting valuable? One way to understand why an expensive painting is its scarcity and how it was done. These artworks are original and are made with an artist’s unique ability. Some valuable paintings are made by famous artists and express a different story.
If you watch auctions at Christie’s and Sotheby’s, you would probably wonder why these paintings are sold for millions of dollars and why people are willing to spend this large sum of money on artworks. This article will let you know what makes a painting expensive and how art is valued.
4 Determining Factors That Influence The Value of a Painting
Artist’s History and Popularity
Simple Paintings Can Be Expensive
There may be artworks that are very simple to the vision of others, making them think it is not worth spending money on. But for art enthusiasts, every artwork has its value, history, and story.
This is often perceived in modern and contemporary art. It is important to remember that apart from the determining factors mentioned above, the artist’s philosophy, concept, and reputation are the other reasons paintings are worth the money.
Unsigned and Undated Paintings
It may be a surprise for many that Leonardo Da Vinci’s Mona Lisa wasn’t signed and dated. Though no initials or signatures were indicated on the artwork, it can still be considered a valuable painting.
There are many ways to value artwork. If artwork is unsigned, it can be authenticated by sourcing its origin. It can be checked through paperwork, the catalog raisonné, or art appraisers' help.
Weird Paintings Can Be Valued Artworks
This goes the same with how art is valued, even if it is simple. Artists provide their uniqueness and their style. Many art collectors are buying paintings that are hard to interpret. These people spend millions of dollars to get an original and rare piece.
An artist’s techniques are hard to recreate. It is based on their perceptions and expressions.
Small Paintings Are Still Valued
In general, the size of an artwork also affects its value. However, a small artwork is not made with less talent. The subject of the painting and the artist’s skills and philosophies are still present in small paintings.
How people see painting differs from one another. For some, a small artwork is not valuable since there are fewer colors used or there is little effort made. But there are people, especially art collectors and enthusiasts, who appreciate paintings, whatever the size they have.
Frequently Asked Questions
Is oil painting expensive?
What types of paintings sell the most?
How can you tell if a painting is valuable?
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