Is Aboriginal art worth money?

Is Aboriginal art worth money?

Aboriginal art can be a wise investment but one must choose prudently. Works produced by well-known and respected artists has grown in market value considerably over the past few years and can achieve a substantial benchmark for return on original outlay to the vendor.

Is Aboriginal art a good investment?

There is no question that Aboriginal art is an assured investment. A decreasing supply of properly authenticated artworks and a growing demand from serious art investors will inevitably drive substantial increases in the value of paintings, particularly those created by older, traditional Aboriginal artists.

What is the most expensive Aboriginal art?

In July 2007 the National Gallery of Australia bought it at a Sotheby’s auction for AUD 2.4 million, the highest price ever paid for an Aboriginal painting and an increase on the original price of 2,000%. Similarly, Johnny Warangkula Tjupurrula’s Water Dreaming was reportedly sold in 1973 for $150.

How do I sell my Aboriginal art?

How to sell Aboriginal art online with Contrado

1. Sign up for a Contrado account. Becoming a #ContradoCreative couldn’t be easier.
2. Select the products you want to sell.
3. Get designing.
4. Tell your story.
5. We handle your orders.
6. You get paid.

How much is the Aboriginal art market worth?

the total Indigenous art and craft market was worth almost $200 million per annum.

Who can do Aboriginal painting?

Remember a non-indigenous Australian can never create an Aboriginal artwork because only people from specific parts of country can tell the story of that country. They are the only ones with authority to do so – Aboriginal artists must have permission to tell the stories of their country.

Is it okay to buy indigenous art?

So, you can purchase with confidence if there is an Indigenous Art Code logo on the artwork. Ms Rajalingam said buyers should be issued with: “A certificate of provenance with the art centre logo, details about the artwork and its author, its catalogue number and a tax invoice receipt.”

How can you tell if Aboriginal art is real?

Is this item authentic Aboriginal art?

1. A story. A story, most often related to the Dreaming, should be associated with the artwork.
2. The artist is Aboriginal. Problem: There can be a fine line between an Aboriginal artist’s contribution to an artwork.
3. Authority to use style or symbols.
4. Cultural relevance.

Why are Dreamtime stories important to Aboriginal people?

These stories gave unity and purpose to Aboriginal societies in the past and are important today in maintaining their identity. Michael’s works of art are his interpretation of these lovely Dreaming stories and he is able to combine modern art materials and techniques with traditional patterns, styles and subject matter.

Where can I see Aboriginal art in Australia?

Back then we operated as Aboriginal Art Investments of Australia (AAIA). AAIA later become known as Aboriginal Art In Australia. In 1996 we opened a gallery in Darwin in, the Northern Territory of Australia and were still supporting aboriginal artists to this day. The gallery is known as The Aboriginal Fine Arts gallery.

How is AAIA raising awareness of Aboriginal art?

At AAIA we work closely with organisations to help raise awareness of ethical trading of Aboriginal art. When organisations and ethical Aboriginal galleries work together we ensure all artwork sold online and in stores are fair and transparent. Specifically AAIA abides by the Indigenous art code.

Is the Aboriginal art code fair and transparent?

When organisations and ethical Aboriginal galleries work together we ensure all artwork sold online and in stores are fair and transparent. Specifically AAIA abides by the Indigenous art code. Furthermore, our gallery was one of the founding members the Aboriginal art Association.