This is a professional appraisal report, provided upon request. In this report, I researched and interpreted information provided by the requester. The appraisal report contains different sections to complete the description, identification, and appraisal of this artwork ( [rm_focus_keyword] ). Extra information like provenance, author, style of painting, date, appraisal method (Mark to Market Valuation) and recommended venues to pursue selling.
This report is designed to give you an appraisal value for the artwork you own, whether it is a painting, sculpture, or another type of art. The information provided will help you to understand your piece and its value. I use the world reserve currency (US dollars) to appraise each artwork. The selection aims to avoid currency risk variations that could affect appraisals over time. 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. It is recommended to update the reports (if for insurance) every three years to reflect changes in the market and account for inflation.
Description, research, and provenance of [rm_focus_keyword]
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 on artificial intelligence software to find images similar to the input picture. A specialized program is used to determine whether the front photograph of the artwork is available on the internet. The software takes the picture as an input, compares it with millions of other works in the database, and outputs similar images. This software will be useful later to determine the origin of the art piece. For clatification, the input image is a frontal picture, a straight, leveled and filtered image of your artwork. The results of the automatic recognition are not conclusive. If a match is found, it will be shown below:
What specific information can we obtain from this test?
The frontal artwork picture isn’t similar to any of the previous results. In this case, we can confirm that the artwork is an original scene and original artwork. By “original scene”, I refer to a painting of a scene that has never been painted before. By “original artwork,” I refer to an artwork that has been hand painted by an artist as opposed to a print, a limited edition print, a poster, or a postcard. While some results may show similarities, I concluded they are too unconcise to be considered relevant.
I can confirm this is an Original scene, original artwork.
In this part, I study and research the signature of the artwork. I have used a larger picture of the signature and tried to interpret it. In this step, I also consider any signature or information that is located on the back of the artwork. In some cases, we can see a signature on the back or even an identification sticker that can be used to identify the artist.
A picture of the signature and/or back (if relevant) is depicted below:
I can read the signature as:
I think the signature is impossible to read. I know the scene is Italian, and the back of the painting tells us the painting is circa 20th Century. So I need to find an Italian artist, circa 20th century, who makes landscape paintings and whose most likely surname ends with *tti. With all these clues, I think the most plausible candidate is:
Ercole Magrotti (Italian 1890 – 1958)
At this point, I 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 the names, surnames, origins, and biographies of the most well-known artists. The database is really large, so if the artist is known, I can find him/her. Otherwise, the artwork was made by a local, amateur, or unknown artist. Keep in mind that if the artist isn’t listed in the database, it is unknown to art collectors (potential buyers of this artwork).
Also, it is important to note that around 98-99% of artworks are made by unknown artists. If I can’t find the name in the database, I typically search through online obituaries to try to find the person who made it.
I found that the artist who painted this is a listed artist, Ercole Magrotti (Italian 1890 – 1958).
I have found a picture of the signature of an original, authenticated artwork by the same artist. It is reproduced below:
We can see the signature is pretty much identical. Finally I can confirm the painting was made by Ercole Magrotti (Italian 1890 – 1958), since there are no reproductions made by this artist.
Medium, frame construction, style, and frame
Now that I have more information about the artist, I can check if the style and type of painting match the artist referenced. An artist may change their painting style, scenes, and compositions with time, so I checked similar paintings during the whole lifetime of the artist. In this test, I would expect to find similar known paintings made by this artist.
Another important point is to date the painting and check if the frame construction technique, medium used, and colors match the lifetime period of the artist. There are many variables in this step, so I will explain this with an example so you can understand the purpose of this part. I check the frame construction for small details, like the type of metallic parts used, if the wood joints and cuts are irregular, or if the wood cuts were machined. Small details can help to determine the age of the painting. For instance, a frame construction that includes modern metallic pieces like flat-head nails, staples, or Phillips-head screws can be dated circa 20th Century. Older frames comprise the use of irregular wood cuts (hand made) and hand forged metallic parts. In some cases, you can see the absence of metallic parts. This is only an example of the frame construction, but I also consider the type of medium used and the color palette. As a reference, a picture of the back of this artwork is included below:
For this painting, I find the back of the painting was made circa early 20th century. The style of the painting perfectly matches and original artwork by Ercole Magrotti (Italian 1890 – 1958).
I think this artwork is valuable and could be of interest to art collectors and decorators.
The artwork is of good quality; the composition is harmonious; and the creator chose a distinctive, alluring, and warm color palette. I believe that decorators and/or collectors would be interested in this work of art. Such high-caliber paintings are uncommon.
[rm_focus_keyword] : Final Appraisal Value ($)
Appraisal Report made by:
BSc, MSc, Expert Art Appraiser
10+ years 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. You can 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 Marketplaces. If you don’t have time, I would recommend starting with Facebook, Etsy, and Amazon.
The key to selling antiques online 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’s authentic. Sellers should use a well thought out descriptive guide like this one. A good lead generation service should be helpful in establishing these relationships with online buyers, and an effective way to do this is through 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 will increase 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 in selling your antique. If your asking price is too high (fancy company stickers, missing parts, or chipped 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 the asking price 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 generate 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 as 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 the asking price 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 generate 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 the 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 the print with the 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 and 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.