This is a professional appraisal report provided upon request. It contains a detailed description and valuation of An Original Drawing by Peter Max. This document also includes information about provenance, author, style of painting, date, how to sell your artwork and about the valuation method we’ve used.
This report is designed to give you an appraisal value for the Art you own, whether it is a painting or other type of art. The information provided will help you to understand your piece and its value. It also provides an appraisal value in US dollars, as well as how to sell it. This report is not intended to encourage you to sell your art, rather it aims to provide information on your art’s value, so that you know what steps to take if you do wish to sell.
Description, research and provenance of An Original Drawing by Peter Max
Image Recognition with Artificial Intelligence
To investigate this work of art, I used Image Recognition with Artificial Intelligence to try to find the first clues. Image recognition, in the context of machine vision, is the ability of software to identify artworks, objects, places, people, shapes or forms. Computers can use machine vision technologies based in artificial intelligence software to find images similar to the input pic. A specialized software is used to analyze if the front photograph of the artwork was listed on the internet. The software takes the picture as input, compares it with millions of other works in the database, and outputs similar images. From the results, I can use the information to interpret the artwork and, sometimes, find a direct match. This software will be useful later to determine the origin of the art piece. The results of the automatic recognition are not conclusive. If a match is found, it will be showed below:
From this part of the report we can conclude the following:
- The results don’t show any similarities with the input image. We can conclude this artwork is an original scene, original artwork. In the case of reproductions, prints or limited edition prints, we should see any similar image. As the AI didn’t find any match, we can safely conclude this piece of artwork is original.
Hence, we can conclude the artwork is an original drawing.
In this part, I study and research the signature of the artwork. Some signature are easy to interpret, while others present several difficulties to read them. In some cases, the signature is totally unreadable. For this painting, we can see a Zoomed-in picture of the signature below:
This the known signature of Peter Max, we can see it perfectly matches other known original signatures:
Now we can use the signature and try to find the artist’s name in a database of known-listed artists. Basically, it is a database with information about name, surname, origin and biography of the most known artists. The database is really large, so if the artist is known I can find him. Otherwise, the artwork was made by a local, street, amateur or/and unknown artist. There is no surprise if such is the case. Around 98-99% of artworks are made by unknown artists.
In this case, Peter Max is a know and very relevant artist. Peter Max is a German-American artist known for using bright colors in his work. Works by Max are associated with the visual arts and culture of the 1960s, particularly psychedelic art and pop art.
Peter Max (born Peter Max Finkelstein, October 19, 1937)
Medium, frame construction and frame
I have checked the frame construction and medium used. Small details can provide information about the age of the painting. For instance, the frame construction may include modern metallic pieces like flat-head nails, staples or Phillips-head screws. If such, I can conclude the painting was made circa 20th Century. Otherwise, for hand-forged metallic pieces, casted or absence of metallic parts, I can conclude the artwork was made in an older period. The same applies to the color scheme, medium use, type of canvas or even the frame used. If a picture of the back was sent, it will be showed below:
For this drawing I find that both the medium used, style and signature perfectly matches an original drawing by Peter Max.
I think this artwork is valuable and can be interested to art collectors and decorators.
The quality is good and the composition is well balanced and the color scheme used by the artist is unique, attractive and inviting. I think this piece of art would be of interest to collectors and/or decorators. You don’t find paintings of this quality every day.
An Original Drawing by Peter Max : Final Appraisal Value ($)
Appraisal Report made by:
BSc, MSc, Expert Art Appraiser
10+ year of Experience in Online Art Appraisals.
100k+ Customers Served.
Antique Store Owner.
You can check my portofolio of past appraisals here:
How to sell it
Antiques, art, and other collectibles are difficult items to sell online. This can take a lot of time. Be patient, but also make sure that the price you are asking for is the right one for your pieces of art. Consider the following tips on how to sell antiques and collectibles online. These tips will help maximize the price of your antique or collectible.
I would recommend selling it online, there are many ways to do this, for instance: Post an ad on Craigslist. Use eBay to sell antiques online. Post a listing on the Etsy marketplace. Sell with direct messages using Instagram. Create a website using Squarespace or WordPress. Use Shopify to sell via a website, POS and social channels. List your items on Bonanza.com, Facebook Marketplaces or Amazon Marketplace. The higher number of ads the better, if you don’t have time, I would recommend to start with Facebook, Etsy and Amazon.
The key to selling antiques on-line is to let potential customers know that you know what you are talking about. It’s much more difficult to sell something when the potential buyer can’t be sure it is authentic. Sellers should use a well thought out descriptive guides, like this report. A good lead generation service should be helpful in establishing these relationships with online buyers, and an effective way to do this is through a classified ads. If a buyer asks for more information, giving them some valuable facts well ahead of time will get you more sales because your reputation increases and real customers are the ones who ask for more details.
In order to sell your Antiques online, you will need to create a profile on the relevant forum (Etsy, Amazon and FB). Make sure you add a high-resolution image of the product (include at least 3 detailed photos) and add some text. The text should be informative and straight to the point, nothing fancy or fluffy.
Asking price is a big factor to sell your antique. If your asking price is too high (fancy company stickers, missing parts, or chip paint) you are unlikely to get many bids. If the asking price is too low it will cost you money for repairs, shipping, and insurance. As a general rule, I would recommend setting an asking price that is 80% of the value of this report, so you will make the listing attractive from the beginning.
About the valuation method
To value this item I have considered the results from past auction sales. Keep in mind that the final price can be different from asking prices that you can find on the internet. You can see ads on the internet with different asking prices. However, a very high asking price doesn’t normally find cash from a buyer.
That’s why our method comprises searching and comparing similar past sale results that had a buyer. That’s why we can provide an accurate estimation of this item.
For art pieces, remember that it isn’t the same a print, a limited edition print or an original art piece. If the artist can’t be identified, the value assigned corresponds to the quality and potential interest of the market for the painting.
To value this item I have considered the results from past auction sales. Keep in mind that the final price can be different from asking prices that you can find on the internet. You can see ads on the internet with different asking prices. However, a very high asking price doesn’t normally find cash from a buyer. That’s why our method comprises searching and comparing similar past sale results that had a buyer. That’s why we can provide an accurate estimation of this item.
Trying to determine likely interests and tastes of a broad market can be tricky. Works by a lesser-known artist may reveal greater interest to collectors than you might expect, but it is difficult to know without some market research. The same applies for artists who have works in the major museums or galleries but whose work doesn’t command large prices at auction or from dealers. Do not confuse print original limited edition. Be aware that the value of a piece of art is linked to the artist’s name and reputation. The quality of the work of art, its potential interest, are also major factors in its evaluation.
Quality art can be a good investment, but a large print or lithograph might not be as valuable. There are many different kinds of prints. An original piece of art has the highest value, followed by limited edition prints, which have a set number of prints produced.