February 26, 2021 0 Comments

Determining Value

Provided that an art asset is authenticated and genuine beyond reproach, the determining factors when evaluating it revolve around rarity and desirability (or supply and demand). The physical condition and appearance of the item is always a factor to reckon with. As a rule of thumb, an Art piece is worth as much as a buyer is willing to pay for it. Value can be assessed based on comparable pieces sold at auction as well.