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$30 Purchase Worth $10,000,000!

Art Appraisal Resources

This small drawing with a distinctive monogram was purchased in 2017 at a yard sale for $30 and valued at over $10,000,000. Almost everyone would love to be the one to find this needle in a haystack type of undiscovered treasure, but on the flip side, no one wants to be one who inadvertently sold the $10,000,000 drawing for $30.

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Documenting Your Art Collection

Fine Art Estates

Most Fine Art Insurance professionals will agree that the best way to ensure that an insured loss is settled quickly and fairly is by properly documenting your art collection. If you carry a blanket policy and have a covered loss, it is likely that your insurance agent will have no information about the work in question beforehand.

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How Do I Get My Art Appraised?

Fine Art Estates

If your insurance provider has asked you to get your artwork professionally appraised, or you need it evaluated for some other reason, How Do I Get My Art Appraised will help you find a qualified appraiser, fully understand all aspects of the appraisal process, and prepare you for what a professional fine art appraisal is likely to cost.

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Great Discoveries: Degas Art Found for $1 May Be Worth $13M

WorthPoint

The Éloge du maquillage drawing produced by French Impressionist artist Edgar Degas. Image Source: Juan Arjona via Artnet Legendary French Impressionist artist Edgar Degas produced pastel drawings and many other masterpieces in the 19th century. The drawing was listed for $1 and received a lot of interest.

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. KZ: I’m a fan of Hilma af Klint, a Swedish artist who had a popular retrospective at the Guggenheim Museum in 2019. K: Yes indeed.

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Great Discoveries: Signed Salvador Dali Lithographs Found in London Garage

WorthPoint

Around 50 years ago, someone decided to keep something incredibly rare and valuable in a garage in London: ten signed lithographs from Spanish surrealist artist Salvador Dalí. This 1935 original ink drawing by Dali sold for $35,000 in June 2023.

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Strategies for Investing in Art Over Time

Antiques Dealer

When investing in art over time, there are several factors to consider, including market trends, the artist’s reputation, work quality, and the current state of the economy. Consider the Artist’s Reputation and Work Quality The reputation of the artist is a main factor when investing in art.

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