Investments in works of unknown artists of the 19th – 20th centuries. and subsequent research work to identify authorship.
Investing in works of unknown artists from the 19th and 20th centuries, followed by research to identify authorship, can be a fascinating and potentially rewarding endeavor. This process involves a blend of art investment, historical research, and detective work. Here are some steps and considerations for those interested in pursuing this path:
1. Initial Acquisition
Where to Find Artworks:
- Auctions (especially local or less well-known ones)
- Estate sales
- Online marketplaces
- Antique shops
- Art fairs
What to Look For:
- Quality of the artwork
- Unique or distinctive styles
- Any signatures, marks, or labels
- Provenance or any history available
2. Research and Authentication
Initial Research:
- Examine the artwork for any clues (signatures, inscriptions, labels on the back, etc.)
- Consult art history books, auction catalogs, and online databases for similar works or artists
- Reach out to online forums or communities focused on art history or specific art periods
Professional Authentication:
- Art historians: Experts in specific periods or styles can provide insights or even identify the artist.
- Conservators: Can analyze materials and techniques used, which can help date the work and possibly link it to a specific artist or school.
- Provenance researchers: Specialize in tracing the history and ownership of artworks, which can sometimes lead to identifying the artist.
- Scientific analysis: Techniques like X-ray fluorescence (XRF), infrared reflectography, and dendrochronology (for wooden panels) can provide data on materials and methods, supporting the authentication process.
3. Legal Considerations
- Due Diligence: Ensure the artwork was legally acquired and that there are no disputes over its ownership.
- Copyright: Depending on the country and the specific case, the artist or their heirs might still hold copyright over the work.
4. Financial Considerations
- Costs: Be prepared for the costs of research, authentication, and possible restoration, in addition to the purchase price.
- Value Appreciation: If the artist is successfully identified and has a market, the artwork’s value could significantly increase. However, this is not guaranteed.
5. Selling or Holding
- Decision Time: If the artist is identified and the work’s value increases, you may choose to sell (through auction houses, galleries, or private sales) or hold onto the piece as part of a collection.
- Market Trends: Keep an eye on market trends for similar artworks or artists to make informed decisions.