acrylic and tempera paint, painting of IOTA, Infinitude Alpha the Omega
personal creative art
Watercolor on canvas is a somewhat unusual medium, as watercolor does not usually absorb into canvas unless a special absorbent ground is added to the canvas surface. You had not mentioned whether you have sold through gallery nor if you are a trained artist with a degree from an art school. In terms of an appraisal, for insurance purposes, the IRS will only recognize the cost of materials to produce this work; they will not accept an 'asking price' as a value. Bear in mind that an ‘asking price’ is one that has not been sold yet and a true sale value is based on actual past documented sale records. You can ask any price you please on any item you own, the key factor being finding a buyer at your pricepoint. The valuation here is for insurance purposes as a work you have created and covers only the supplies used to create the work.