What's My Painting Worth?

Quick valuation methods for estimating the value of your painting based on artist, size, condition, and market data.

Quick Valuation Formula

Estimated Value = Comparable Artist Price × Condition Multiplier × Size Multiplier × Provenance Multiplier

This is simplified, but gives you a framework to work from.

Step 1: Identify the Artist

If you know the artist, search for recent sales of their work. If unknown, you'll need to research first.

Blue-Chip Artists

Picasso, Warhol, Monet

$50k-$1M+

Established Contemporary

Gallery representation, auction history

$5k-$50k

Emerging/Unknown

No major auction history

$50-$500

Step 2: Assess Condition

Condition dramatically affects value. Poor condition can reduce value by 50-80%.

Excellent (100%)

No visible damage, minimal aging. Museum quality.

Good (75-90%)

Minor age wear, no major damage. Suitable for display.

Fair (40-60%)

Visible wear, small repairs, but structurally sound.

Poor (10-30%)

Major damage, significant restoration needed.

Step 3: Consider Size

Larger works command higher prices, but this varies by artist and subject:

  • • Small (under 12"): Multiplier 0.8x
  • • Medium (12-24"): Multiplier 1.0x (baseline)
  • • Large (24-48"): Multiplier 1.2-1.5x
  • • Extra Large (over 48"): Multiplier 1.5-2.0x

Step 4: Evaluate Provenance

Strong provenance can multiply value significantly:

Increases Value

  • • Museum exhibition
  • • Auction house history
  • • Published in catalog
  • • Gallery provenance
  • • Certificate of authenticity

Reduces Value

  • • Unknown origin
  • • Repainting/restoration
  • • Attribution questions
  • • No documentation
  • • Estate sale (urgent)

Valuation by Painting Type

Old Masters (Pre-1800)

Highly sought but require expert authentication. Authentic works start at $50k+, most require professional appraisals.

Get professional appraiser certified (AAA/ASA)

19th Century Art (1800-1900)

Value heavily depends on artist reputation and style. Academic paintings: $500-$10k. Impressionist works: $5k-$500k+.

Research auction records for comparable sales

Modern Art (1900-1970)

Significant range: $200-$500k+ for blue-chip artists. Less-known modernists: $1k-$10k. Unknown artists: $50-$500.

Check Artnet, Askart databases for artist market data

Contemporary Art (1970-Present)

Highly variable. Established gallery artists: $5k-$100k. Emerging/local: $500-$5k. Unknown emerging: $100-$1k.

Check artist's website, gallery prices, Saatchi/Artsy listings

Example Valuations

Local Contemporary Painter (Gallery Represented)

Gallery price: $3,000 × Good condition (80%) × Medium size (1.0) = $2,400 estimate

Unknown Vintage Oil Painting

Similar era paintings sell for $300-500 × Fair condition (50%) × Large size (1.3) = $195-325 estimate

Mid-Century Signed Painting

Similar artist auction history: $2k-5k × Excellent condition (100%) × Large size (1.4) × Good provenance (1.1) = $3,080-7,700 estimate

Important: Retail vs. Auction Values

Gallery/Retail Value

Higher

What you'd pay to buy. 2-3x what you'd get selling.

Auction/Sale Value

Lower

What you'd actually receive. Most reliable market indicator.

If selling quickly, expect 40-60% of estimated value. If selling through galleries/private dealers, expect 50-70%. At major auction houses with strong provenance, you might get closer to estimated value.

When You Need a Professional Appraiser

  • • Any painting worth over $5,000
  • • Insurance or estate settlement purposes
  • • Auction house submission (required for consignment)
  • • Suspected Old Master or museum-quality work
  • • Legal/tax documentation needs

Frequently Asked Questions

How do I find out what my painting is worth?

Identify the artist first, then search recent auction results for similar works. Adjust for condition, size, and provenance. AI tools like Appraise Art can do this instantly from a photo.

Is my oil painting valuable?

Value depends on the artist, not the medium. An oil painting by an unknown artist might be worth $50-$500, while a signed work by a recognized artist could be worth thousands. Check for signatures, gallery labels, and auction records.

How accurate are online painting valuations?

AI-powered valuations provide a reasonable estimate range based on comparable sales, but they are a starting point, not a certified appraisal. For works worth over $5,000, confirm with a professional appraiser.

Does the size of a painting affect its value?

Yes. Larger works typically command higher prices (1.2-2x multiplier for pieces over 24 inches), but this varies by artist. Some artists are known for small-scale works where size is less of a factor.

What is the difference between auction and gallery value?

Auction value is what a piece realistically sells for at auction. Gallery or retail value is 2-3x higher. If selling quickly, expect 40-60% of estimated retail value.

Get an Instant Valuation

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