Monday, September 7, 2015

Value Asian Art

Value Asian Art


Asian art is valued by collectors for its elegance, diversity and beauty. To find out more about your Asian artwork, including its value, you should learn as much as possible about the time it was created. Knowing the value of your Asian art is important for insurance purposes and potential re-sale or gifting. Before you can adequately purchase art insurance or claim a tax deduction for the donation of your artwork, you need an accurate value from a licensed art appraiser.


Instructions


1. Read books on Asian art to learn more about the pieces in your collection. "Harvard Outline and Reading Lists for Oriental Art" is a good place to start if you're not sure where, or when, your Asian art was created. "Guide to Modern Japanese Woodblock Prints, 1900-1975" and "The Arts of China", provide good overviews of major Japanese and Chinese art. "Indian Art (World of Art)" is a good guide to Indian art. Paragon Book Gallery or Kinokuniya are good bookstores to find these titles.


2. Use Findartinfo.com to see auction sale prices for various Asian art works. To use this website, you must know the artist who created your piece.


If you're not sure who created your art, you can still find prices of comparable artworks by browsing auction house catalogs for Asian Art. Fine art auction houses such as Sotheby's and Christie's allow you to browse closed auctions to see the final selling price of auctioned items. Note the sale value of art pieces similar in style, or era, to your Asian art to estimate the value.


3. Locate an Asian art appraiser using the American Society of Appraisers website. You can search for appraisers who specialize in Asian Art by clicking on the "Find an Appraiser" button and scrolling through the list of options until you find Asian Art. Call several appraisers in your area and set up appointments.


4. Ask the appraiser to identify the era, maker, and style of your Asian artwork during the appraisal appointment. Find out the current sale value, and how similar items have changed in value over time. If you intend to sell your art, ask the appraiser to recommend possible buyers.