It is reported by the Association of Resale Professionals that between 16 and 18% of Americans regularly shop at secondhand stores.
These numbers are expected to climb in the coming years as we pivot to more sustainable options and aim to reduce overconsumption. Saving money shopping for fun art can cause a serotonin boost, and finding high-dollar art can get you some fast pocket change.
Try these 8 tips for identifying valuable art at the thrift shop.
Earn money online by taking surveys
$55,000 might sound crazy … but with a company called Survey Junkie, it’s possible to get your share of it every day by taking their surveys in your extra time.
Follow these simple steps to start earning:
- Sign up for an account with Survey Junkie here.
- Take surveys.
- Repeat daily and get paid for sharing your opinion!
P.S.: You can cash out with as little as $5 through PayPal or bank transfer, or transfer to gift cards from a number of stores.
Frequent auctions and antique stores
Even if you are not looking for anything in particular, it is a great idea to frequent auctions, antique stores, and museums in general. This will allow you to familiarize yourself with the industry, including understanding trends in pricing that can help you identify high-dollar art.
Founder of Thrift Club Gwen Hefner explains, “Surrounding yourself with high-end art and antiques can help you spot them more clearly when you’re in a thrift store or at a garage sale.”
Evaluate its condition
While you are probably not an art curator or restorer, you can check a few specific things to determine if the art is worth purchasing or not.
If the medium is a poster or paper-based, check the edges for folding and tears. On canvas or fabric art, inspect for unintended fraying at the edges and seams or spills and stains.
Professional conservators often use their own spit to help rid canvas paintings of stains. While we wouldn’t necessarily suggest this option first, it is a good method to determine if there is staining on the canvas and what kind of restoration it requires.
A recent trend in secondhand shopping has been people purchasing art to paint their own work over or add to it. Investigate any paintings or layered art closely to identify if it is an original or has been added to over time.
Check for the artist's signature
If you notice the artist’s signature on the piece, there is a great way to confirm its value before approaching an appraiser. First, look closely to see if it was handwritten or stamped. You can normally tell if there is a sheen or any indentations from the writing utensil.
Once you’ve established the validity of the signature, use an app like Google Lens to better identify the artist. Consider down a search engine rabbit hole or look them up on ArtistsSignatures.com to get an idea of what the piece could be worth.
Stop overpaying when you shop online
Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.
Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, it'll scour the internet for coupon codes to help you save cash. And before you check out at 25+ major retailers, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.
Capital One Shopping is free to use and won't show you ads. Add it today and stop overpaying!1
Scout for Lithographs
While people scouting for high-quality art might overlook prints, this could be a huge mistake. Spotting a silkscreen print or lithograph — made by drawing on a flat stone or metal plate used as the stamp to create a print — can help you score a chunk of change, too.
To identify a lithograph, check the button corner of the piece for an edition number, which can often be seen in a format like “7/80”. This number and the artist’s signature are often written in pencil. Lithographs are never on canvas.
Lithographs are some of the easiest art to identify and price because there are other exact copies. A quick Google search will allow you to identify a good price.
Consider the color palette
Before investing in a new piece of art, you may want to check out the color palette a little closer. Not only can looking closely at the piece allow you to identify if there are any impurities — or if any discoloration has occurred that would require restoration — but it can also help you to determine if the color palette will make you more money or not.
In fact, in 2019, Dutch researchers released a paper showing findings that works of art with more red and blue in them are considered more valuable and tend to go for more money. This is true for other items as well, like rare gemstones.
While research doesn’t seem conclusive on why red and blue are the most popular colors. In color theory, red inspires passion and excitement, while blue is known for inducing calm.
Trending Stories
Keep your eyes peeled for details on the back
While an artist's signature will help you verify the authenticity of a piece of art, there may be more details on the back that add to the value.
Sometimes, artists include dates, notes, sketches, or otherwise. You might notice details added throughout the creation of the piece, such as a certification or stamp that will run the price up.
Ask about ownership history or paperwork
No matter if you are purchasing an art piece at an auction, browsing an estate sale, shopping secondhand in person, online, or otherwise, inquiring about ownership history can be eye-opening.
Sometimes, you are lucky enough to get an oral history that can help give context to the piece and its inspiration, whether it is valuable or not.
Any original paperwork the seller can provide can do a lot to help certify the art’s value. Details like where it originated, what year it was created, and any details about the artist or benefactor can add value to it.
Identify its age
Older art tends to bring in more cash. Getting your hands on any paperwork can help you get closer to knowing the age of your art. If the completion date isn’t printed on the back of the paperwork, the seller might know the time period it comes from or possess the aforementioned certification paperwork to date it.
If you look at canvas art, the darker base canvas is usually older than whiter tints. Stamps on the reverse side of your work and the frame or canvas attachment method — nails in the 1900s versus staples more recently — are other ways to identify the age of the art.
Bottom line
Valuable artwork is all around us. Having the wherewithal to identify it and invest in it is a great skill to have.
This could become a valuable hobby and even help you pay your bills. If you do your research and keep your eyes peeled, you might just find a multi-million dollar piece hidden amidst the chaos.
SurveyJunkie Benefits
- Over $55,000 paid to members daily
- Earn up to $130 a month taking 4 or more surveys daily
- $76 million paid out to date
- 20M+ lifetime members and BBB accreditation
Subscribe Today
Want extra-cash moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.