This is your appraisal report, it has the following sections: Description and History, Appraisal Value (US$), How to sell it, and About the Valuation method.
Description and history
This is an exceptional artwork by Michelle Possum Nungurrayi. Michelle Possum Nungurrayi, b. 1970 Mt Allan, Anmatyerre artist, sister to Gabriella Possum, paints Women’s Dreamings from her clan homelands.
Her paintings have gained wide popularity partly due to the fact that as we come to understand the iconography, the paintings make fascinating narratives for a western audience. They are populated not only with plants and food resources and waterholes, but also with people sitting in the landscape – men with hunting implements and women with digging sticks and coolamons.
There is no doubt it matches her style. The size of this painting is unusual, super rare, which makes it even more valuable. It has a Certificate of Authenticity on the back, I have considered this COA on the valuation process. Some example of past auction sale:
Appraisal Value ($)
– 7,000-8,000 US$(10,000-11,000AUD$)
Do you have any other antique?
How to sell it
Art pieces are difficult to sell, you will need some time to find a buyer, so be patient!
To sell the items, I would recommend doing so through the internet. You have plenty of options, for instance:
– Ebay, Craiglist, Etsy, Facebook ads, Amazon marktplace
I would probably go ahead and take a couple of good pictures, like described here:
Then I would use the provided description as a text to the ad, and an attractive ad title will make it.
There isn’t any special difference between selling it on Etsy, FB or Amazon. I would recommend to upload the same ad to at least two or three platforms. It will ensure a high visibility of the ad.
The asking price can be close to the value, it depends upon how fast you want to sell. In general, an agressive strategy of 20% price cut will work great, however it depends upon your specific location.
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.