If you’ve inherited paintings from your parents or grandparents, selling them may seem like an overwhelming process.
But with some careful preparation and consideration of your options, selling your inherited art pieces can be as simple as it is lucrative! To help you get started, we’ve prepared this step-by-step guide to sell inherited paintings. Read on to learn more!
Is It Worth Anything?
The first question you should ask when evaluating an inherited painting is, is it worth anything? If the painting has been in your family for several years, it may be worth more as a souvenir or sentimental item than a piece of art. So before starting the process of selling your family heirloom, carefully consider what you want to do with the piece.
If you do decide that you would like to sell your paintings, start by looking on eBay. You can put up listings for free if you have less than ten items in the sale and will only make a $2 transaction fee for those with over nine items for sale.
Where Should You Start Looking For An Art Appraiser?
The art market is big, so many appraisers have experience in the field. Finding the right one for you may seem daunting, but the following factors will help determine your next steps: -Cost of the appraisal- Appraisers can vary in pricing; some charge hourly rates while others charge a flat rate.
Ask what they do and what they specialize in so you can find someone who will be able to give you the information you want at a price that is reasonable for both of you. -How much knowledge about art and appraising does an appraiser have?- There are different types of expertise an appraiser can have, such as having been trained specifically in 19th-century European paintings or sculptures made from walnut wood, for example.
What Do Art Appraisers Consider When They Look At A Painting?
Paintings are valuable if they’re a well-known artist’s work and can also be valued for their age. Age is typically a tiny factor when it comes to pricing paintings, but it does have some effect. Art appraisers take age into account when determining the valuation of a painting.
Generally, younger paintings will be worth more than older paintings of the same style and type. In other words, you may want to think about how long ago you inherited your paintings before trying to sell them. What If I Inherit Paintings That Aren’t Worth Anything?: In this case, we recommend checking out flea markets or antique stores in your area.
Who Makes The Offer On The Painting (And Why It Matters!)
Inheriting a painting can be exciting, but it can also be overwhelming. How should you go about selling your inherited paintings? Here are some things to consider for the most money in the shortest amount of time: first off, which makes the offer on the painting and why it matters.
You may have inherited art that needs to sell quickly or at a specific price point. Make sure you ask questions so you understand what kind of offer might be available for your paintings and why. Another thing to keep in mind is where your paintings will end up.
Is There A Best Way To Handle Negotiations Or Selling A Painting Yourself?
It’s difficult for an heir to know when is the best time to sell a painting that has been in the family for several years. There are several options for approaching the sale, some better than others. If you’re thinking about selling your inherited paintings yourself, here are some tips on how to get started:
1. Have an idea of the value and condition of your painting.
2. Determine what type of sale you want to make and find a buyer with appropriate financial assets and interest in artworks in your price range – which could mean any value over $1000 or as little as $100 per artwork or less if it’s out-of-date and worth less money.
Can You Get Advice From Other Artists About How To Sell Your Own Artwork?
If you are struggling with how to sell your paintings or inherited pieces of artwork, then you might consider joining an art group. Being around other artists that can relate to and understand what you are going through is one of the best ways to get help on the subject. However, before doing so, you should consider a few things.
1. You might not want certain people (former friends or family members) to know that you inherited something valuable in case they go snooping for any clues as to where it may be located and steal it out from under your nose.
2. You may not want them to start asking about money owed by their own parents, who might have passed away too soon and left their children destitute from lack of inheritance.
Finding The Right Home For Your Priceless Collection Of Priceless Paintings
After you’ve had enough time to process your parent’s or grandparent’s passing, it might be time to finally decide what you want to do with all of their belongings, including the paintings they left behind. You may not know how you want to go about this task, and in this case, I have five helpful pieces of advice for you.
First and foremost, think about what made these paintings valuable and precious items for your parents or grandparents. What did they cherish about them? Do you believe that these things hold any value for yourself as well? Even if these things don’t hold any sentimental value for you whatsoever, there is always someone out there who will want to own them.
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Feature Image by Una Laurencic: https://www.pexels.com/photo/woman-sitting-on-ottoman-in-front-of-three-paintings-20967/