There are several factors that will be used to determine the price of a painting. While some works of art are extremely expensive, other pieces can be found at a relatively low price for exceptional quality.
The first thing to look at when determining the price of a painting is whether a piece is the original or a reproduction. Then, factors like the artist’s reputation, innovation, and physical characteristics will be used. A trained art evaluator can also examine how the piece measures up against other works of the same artist.
Provenance is also important in determining the price of a painting. Provenance is defined as the financial history of a piece of art. This will include documentation of who bought the painting over the years, who sold it, and exactly where it has been the displayed. This information helps to track a painting, and it also determines desirability, collectability, and market value.