How To Get A High Appraisal Value For Your Asian Art?
Do you know the actual value of your Chinese or Japanese art? You probably have heard of some people who gave up marketing their Asian art pieces and ended up selling them for significantly lower prices. But you don’t have to end up like them.
Getting a high appraisal value for art doesn’t only rely on one factor. Before obtaining a high appraisal value for Asian art, it’s important to understand the factors that can affect the pricing of art.
The art market can be categorized into retail and secondary markets. While the retail market consists of dealers, art professionals, and galleries, the secondary market involves private art owners, online, estate, and auction sales. Artworks in the retail market have retail prices which are substantially higher than the secondary market at wholesale prices.
This article will focus on the effective ways you can get a high appraisal value for your Asian art.
Research About Your Asian Art
You probably inherited some Asian art pieces from your grandparents and you plan to put them online for auction. But what do you know about your Asian art?
It’s a must to get reliable information about your Asian artwork. By determining how the art piece came to existence, its history, and other relevant information, you can spark people’s interest and determine its fair market value. Furthermore, you can create more effective sales and marketing strategies to attract more buyers.
Research online and find out all the relevant details about the art piece such as the following:
- Place of origin
- Creator, painter, or maker
- Date of creation or discovery
- Historical background
Hire An Appraiser
Many private art owners overlook the importance of thorough research work. They’re probably busy and don’t have spare time to do it. Hence, many art owners decide to hire professionals to do the work.
Hiring a trusted and experienced appraiser can perform an objective and ethical Asian art appraisal. This step is crucial to attaining your goal.
Art appraisers are educated and trained in researching the value and authenticity of art objects. They’re professionals with a vast knowledge of art concepts, principles, and history; they’re also updated with the domestic and international art marketplaces.
Here’s a quick guide on how to hire a good appraiser to obtain a high appraisal value for your Asian art piece:
- Check The Expertise
Not all appraisers are the same. They have their specializations such as Western Arts and European Arts. So, choose one who’s experienced in appraising Asian art. For instance, a qualified Asian art appraiser can determine the artist by analyzing the medium, brushstroke, hues, shades, style, and others.
- Check The Experience
Interview at least three appraisers before making a final decision. Consider their experiences as a plus factor to help you land a good decision. Ask for their inclusive services such as helping you in price negotiation.
- Check The Reputation
Most reputable appraisers are members of respected art organizations such as the International Society of Appraisers (ISA). They follow uniform standards and provide honest and accurate value appraisals to earn their clients’ trust and that of the tax authorities.
Take Due Diligence To Preserve The Artwork
Every art piece is an investment. Therefore, investing in Asian art entails proper preparation. If your Asian art is well-maintained, you can preserve its condition and get a higher appraisal value.
For instance, two similar Asian art paintings created by the same artist may have different values. The one with fewer alterations like scratches and dirt will get a higher appraisal value than the other.
When listing your Asian artwork for auction online, take due diligence to preserve the artwork. Leaving it untouched is better than cleaning it, especially for art pieces that you’re unsure of the emerging market prices. However, too dirty art pieces may need cleaning for higher appraisal. Never use a dust cloth, feather duster, stiff brush, or harsh cleaners for oil paintings. Instead, you can use a soft paintbrush to do the job.
While there are a lot of tutorial videos on how to clean paintings online, it’s best to hire a professional to do it. In that way, you have peace of mind that a professional can do the job perfectly without ruining the Asian art piece’s original quality and value.
Get a high appraisal value for your Asian art by applying the tips above. You can do your research or hire a professional appraiser to determine the fair market value of your Asian art. Ensure you’re dealing with an experienced and certified Asian art appraiser to obtain accurate information and pricing of your art piece.