Why art is so expensive | How to determine its value and what to know before buying
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Why are artworks so expensive? We explain the reasons and background of their value. For those who are unsure about purchasing, we will introduce tips on how to choose by price range and how to buy with confidence.
What is the value of a work of art? What is the price and what you need to know before buying
Have you ever wondered, "Why is this piece priced this way?" There is a clear reason behind the price of art. Here, we will introduce the basis for this price and the factors to consider when choosing an art piece.
The main factors that determine the price of art
・Artist's popularity and track record
・The rarity of the production techniques and materials used
・Unique or replica?
- Exhibition history and award history
The value and appeal of unique items
A one-of-a-kind piece is one of a kind. A piece that is made with time and passion is filled with the artist's story, and its value is determined by its background.
Things to check before buying
- Presence or absence of a certificate (signature and edition number)
- Frame condition and material
・About guarantees and returns (ART & DAY provides thorough support)
How to choose by price range
・Less than 30,000 yen : Small works and prints that can be enjoyed casually
・30,000 to 100,000 yen : Original works by artists are available
・Over 100,000 yen : Authentic one-of-a-kind items, works for collections
ART & DAY Support System
・Comes with a reliable purchase guide
・Carefully selected domestic and international artists
Understanding and choosing art is the first step to a richer life.