Predicting the future...

[Agent Zero]

Nothing is a guarantee, but is it possible to have a foresight into what a piece may be worth one day and how many of you rely on that judgement when deciding on what to buy and keeping for the foreseeable future?

[risingstar]

Resale value, at least for me, does play a role, however, definitely not the only role. End of auction sales numbers typically help in getting a sense of what other pieces of a similar nature might be worth, now and in the future. I wouldn't automatically go by what dealers are asking on CAF as they typically price high. Also, I generally recommend asking your friends for their opinion in pieces/prices. What typically draws me to a piece is how definitive the piece is of the character, as well as the artist, condition, price, size, and potential resale value years down the road. Also, I try to streamline my purchases so that I don't dabble into too many different areas of artwork.

Ultimately, however, artwork really comes down to what one person is willing to pay. If a piece is priced at what many are willing to pay, then it's likely priced too low. And, visa versa.

[Agent Zero]

You made a very good observation that I believe others fail to realize. Thanks

Originally Posted by risingstar

Resale value, at least for me, does play a role, however, definitely not the only role. End of auction sales numbers typically help in getting a sense of what other pieces of a similar nature might be worth, now and in the future. I wouldn't automatically go by what dealers are asking on CAF as they typically price high. Also, I generally recommend asking your friends for their opinion in pieces/prices. What typically draws me to a piece is how definitive the piece is of the character, as well as the artist, condition, price, size, and potential resale value years down the road. Also, I try to streamline my purchases so that I don't dabble into too many different areas of artwork.

Ultimately, however, artwork really comes down to what one person is willing to pay. If a piece is priced as what many are willing to pay, then it's likely priced too low. And, visa versa.

[Agent Zero]

I can't highlight it but I am referring to the.following comment: "If a piece is priced as to what many are willing to pay, then its likely priced too low."