Kelly Sundstrom has been writing fiction and nonfiction books professionally since 1997. She has been a professional artist since 1994, specializing in painting, drawing, ceramics and crafting. Sundstrom is a certified Usui and Celtic Reiki Master. She earned a Bachelor of Arts in studio art from Kennesaw State University and is currently pursuing a Bachelor of Arts in archaeology from the University of Leicester.
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Oil PaintingIf you are deciding on buying a painting for your home or office, purchasing an oil painting will ensure that you are going to retain the value of your investment. In the painting world, oil paintings are the top of the line and will last for generations. The value of your oil painting will really depend on the age of the painting, where it was painted, the quality of the painting and the popularity of the artist. Price will depend heavily on these factors. Here are the basic price ranges of oil paintings.
$1 to $500
Oil paintings in this price range are typically a lower quality work, a painting done by a less well-known artist or a painting done by a local artist. It can be easy for anyone to own an original oil painting in this price range. This can be an affordable way to bring artwork into your home or office.
$250 to $1,000
Oil paintings in this price range will typically be of a higher quality and are painted by more widely known artists. Many times artist who sell their work in this price range will have their oil paintings showcased in galleries and local, small museums. They make great display pieces and can add sophistication and class to your home or office.
$1,000 to $3,000
Oil paintings in this price range are heirloom quality pieces that are showcased in galleries and regional museums. Their value is greater due to their quality and the popularity of the artist. Oil paintings that are valued at this price range can usually see their value maintained the easiest.
$3,000 and Up
Oil paintings in this price range can be extremely valuable. It is not uncommon for these paintings to be seen in national and international museums and galleries. You can often find these oil paintings at auctions or estate sales, and they will typically always hold their value, except if damage occurs to the painting. These paintings are of archival quality, and many people buy oil paintings in this price range as an investment, many times keeping the paintings in a safety deposit box at their bank. Oil paintings in this price range are typically painted by master artists.
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