How to sell painting. Part 2

Collectors of the World have overwhelming treasures. They possess most of the art heritage. Once in a while, collectors face necessity to sell one of the masterpieces…

 Scenario #2.  Collector chooses for sale painting without proper or complete identification. Owner believes that the work belongs to famous artist, looks good and should be sold at full price.

Collector knows that the painting need more information and looks for private sale directly to a buyer, hoping toconvince buyer that painting is authentic, but not yet studied well. Typically, nobody believes and with hold from spending money.

Collector contacts familiar broker who, also, wants to sell painting at full price as authentic. News about sale spreads throughout the world and not only artistic.

The painting gets offered for sale by complete strangers to art business who doesn’t know that paper work is incomplete. Process may involve artists, sportsman, gemologist, developers, fireman, policeman, masseurs, managers of all sorts. Often offer comes back to initial broker with doubled price. This process can continue for years.

Our Center for Art Research “Collector’s Luck” have seen many examples of such sales. This happens to paintings of famous authors like Rafael, Rubens, Rembrandt, Van Gogh, Monet, Modigliani, Picasso, Chagall, Pollock as well as less known.

 Collector’ s mistake: Collector asked full price for painting of famous author, that looked good but without proper or complete paperwork related to authentication.

 Recommendations to collector: Choose painting with complete and proper authentication. If piece of art doesn’t have paperwork in order, but full price sale is desirable, then go through process of identification to prepare painting.

Author: Aleksandr Moroslip

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