That transaction caused a sensation on the time as the most expensive ever recorded for a work of Fine Art. It has since been overwhelmed by Leonardo da Vinci’s Salvator Mundi which was acquired for $450 million in November 2017 by a Saudi prince. Nevertheless… in worth phrases, Cezanne is undoubtedly one of the world’s top 10 artist.
Pricing by comparability works in the great majority of instances, but you may get even more accurate along with your pricing to really ensure your prices make sense, AND MORE IMPORTANTLY, that you can justify them to anyone who asks. In case you are considering this is all nonsense, I appraise artwork professionally. Sometimes, I have to justify or defend my value determinations to entities just like the IRS, insurance coverage corporations, property executors, and the legal system– and sometimes these value determinations and justifications are topic to penalty of legislation.
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