Does art increase in value after the artist passes away?

I have several works of art and I am thinking about selling them. However, the artists, Anuszkiewicz and Stanczak, are very old (78 and 80) and I was wondering if I should wait for the artists to die before I sell the art.
Does art increase in value after the artist passes away?
if the artists are well known in your area.. then yes the value will increase.. if not.. no it wont.
Does art increase in value after the artist passes away?
Supply and demand...dead painters cannot create new works, so the value of the existing works increases postmortum...Providing there was/is a demand for the work antemortum.
Reply:The actual answer is...sometimes it does, most of the time it doesn%26#039;t. In the last 50 or so years, when it did increase in value after the death of the artist it was simply because the artist was already famous and clearly no new work would be created. If the artist was NOT already famous before he died, his death will no longer have any effect on the value of the work.





In the case of the two you mentioned, one of them (Anuszkiewicz) is already fairly well known, but his recent works have never achieved major prices in the primary or secondary markets. There may be a small %26quot;blip%26quot; in the perceived value of his work after he passes, but it%26#039;s unlikely to be much. Stanczak is NOT well-known enough for there to be any effect in his prices whatsoever.





In my recommendation, sell it now while the market is strong and gain interest on your money instead of waiting for him to pass away in the hopes that it MIGHT increase in value somewhat.
Reply:yes it does


not by alot


but by some
Reply:Artists works go up in value, especially after they die. You look at Picasso. He was creating works during a time when painting was a job to earn little wages from people, to survive another week with shelter and food. Today, his works are worth between thousands-millions, even though he is dead. The reason they go up in value, is because they are unique, and that artist wont be able to reproduce anymore of its kind and other works. Monet was the same, he made so many beautiful works, and during his time, they weren;t worth as much, but today they are worth soooo much more, and lucky for his decendants, they saw ALOT of his money. Also, when you look at the perspective of the past, money such as sooo many thousands, and especially millions didnt exist. So of course those artists works couldnt sell for much because that amount of money wasnt around. Also, at auction, it depends weather there is a demand of those sort of artworks. So its best to find a place to sell it, where there is a lot of interests in those artists that you;ve mentioned.