What Should I Look Out for When Buying Art from the Secondary Art Market

September 3, 2025

What Should I Look Out for When Buying Art from the Secondary Art Market?

Buying art from the secondary market can be incredibly rewarding, but it also requires doing your homework and asking the right questions to ensure you make a wise investment and find a piece you truly love.

Authenticity & Provenance


One of the most critical aspects of buying art is understanding its provenance.


Provenance is the documented ownership history of the piece, including previous owners, exhibitions, or any sales records.


Look for signatures, certificates of authenticity, or any other documentation that confirms the piece is genuine.


If you are uncertain, consider hiring an independent art appraiser or consultant to verify the artwork’s authenticity.


A solid provenance (a clear, documented chain of ownership from the artist) significantly increases both the value and the authenticity of an artwork.


  • Certificates of Authenticity (COA): Ideally from the artist themselves, their estate, or a recognised expert.
  • Exhibition Histories: Has the artwork been exhibited in reputable institutions or galleries?
  • Publications: Has it been featured in any books, catalogues raisonnés, or academic publications?
  • Previous Sales Records: Documented sales through reputable auction houses or galleries.


If you are buying from a reputable dealer or platform, they should be transparent and willing to share this with you.


Be wary of sellers who are vague about where the artwork came from or cannot provide proper documentation.

Reputation of the Seller


Whether you are buying from an auction house, gallery, or online platform, ensure they have a solid reputation for integrity and expertise.


Read reviews, check their history, and do not hesitate to ask for references. Do your research:


  • Look for reviews or feedback from other buyers
  • Ask how long they have been in business
  • Check if they are part of any art dealer associations or networks
  • Google their name along with words like “scam” or “complaint”


Buying through a trusted source adds an extra layer of protection and peace of mind.

Artist’s Reputation & Market Value


Research the artist behind the work. Understanding their background, style, and market reputation can help you gauge the potential future value of the piece.


Emerging artists may offer great investment potential, while established artists may provide more stability. Is their market stable or growing?


Remember, just because a piece was once sold at a high price does not mean it holds the same value today. Stay informed about current market trends.


Art values can fluctuate based on various factors, including economic conditions, cultural shifts, and the popularity of specific styles or movements.


Following art market reports and attending exhibitions can help you stay updated.


Look at recent auction results, artist resale values, and gallery listings for similar works by the artist to get a sense of fair market value and the artist’s market demand.


Websites like Artnet, Artprice, and MutualArt offer databases of auction results (though often require a subscription).


Beware of overpaying just because something is “rare” and do not hesitate to negotiate if you feel the price is too high.

Resale Potential


Even if you are buying for love and not investment, it does not hurt to consider resale potential—especially if you are spending a significant sum. Questions to ask:


  • Has the artist exhibited at major institutions or biennales?
  • Is the artist still active or gaining recognition?
  • Is the artist’s market growing?
  • How liquid is the market for this artist?
  • Does the work have a track record of appreciating in value?
  • Are similar works frequently resold?


Note: Not all art appreciates in value, but some collectors like to balance passion with financial prudence.

Condition of the Artwork


Unlike new art, secondary market pieces might have some wear and tear. Get a detailed condition report.


Do not be afraid to ask for high-resolution images or, even better, view the work in person.


Understand any restorations or damages, as these can affect value. Look out for:


  • Tears, cracks, fading, or discolouration
  • Restoration work (which should be disclosed)
  • Mold or moisture damage (especially in works on paper or canvas)


If possible, consult with a professional conservator for a thorough condition assessment and ask if the artwork has been stored professionally or exhibited, as this can affect its condition and long-term value.

Framing & Presentation


While not directly tied to the artwork's intrinsic value, good framing can enhance a piece, and poor framing can sometimes even damage it.


Consider if the framing is appropriate for the artwork and if it is in good condition.

Terms & Conditions


Always read the fine print. Understand the seller’s return policy before finalising your purchase.


A reputable seller should have a clear return policy that allows you to return the artwork if it does not meet your expectations or if there are issues with authenticity.


Take note of the shipping arrangements, payment terms, and any guarantees offered by the seller.

Personal Connection & Budget


At the end of the day, art should resonate with you. While investment potential is a factor for some, the joy of living with a piece you love is invaluable.


Set a realistic budget and stick to it. Remember to factor in buyer's premiums (at auctions), shipping, insurance, and potential conservation costs.

September 3, 2025
If the 2000s were about growth, the 2010s were about consolidation and cultural confidence. The 2010s were a vibrant and exciting time for Singapore art, characterised by a flourishing of creativity and innovation. This decade saw the rise of a new generation of artists who embraced diverse mediums and themes, reflecting the complexities of contemporary life.
September 3, 2025
Entering the new millennium, Singapore art in the 2000s continued to build on the foundations laid in the 1990s. The "Renaissance City" plan (2000) further advocated for increased funding and development in the arts, aiming to foster even greater creativity and innovation. Most notably, Singapore launched its first Singapore Biennale in 2006, positioning the city-state as a regional hub for contemporary art. This international exhibition brought global artists to Singapore while showcasing local talent on a larger stage.
September 3, 2025
The 1990s brought about a wave of globalisation, and Singapore art was no exception, largely driven by significant government initiatives. As the government embraced the idea of a “Renaissance City,” significant investments were made in arts infrastructure. Singapore aimed to become a "Global City for the Arts." Following the 1985 economic recession, there was a recognition of the arts' value in national development. This led to the 1989 Report of the Advisory Council on Culture and the Arts (ACCA), which profoundly shaped cultural policy for the decade. The result? The establishment of the National Arts Council (NAC) in 1991 to spearhead cultural development and funding, a substantial increase in public funding for the arts, and the conceptualisation of major art infrastructure like the Esplanade – Theatres on the Bay. This decade saw the professionalisation of the local theatre scene and a surge in homegrown dramatic texts.
September 3, 2025
The 1980s marked a shift toward institution-building and Singapore art in the 1980s became increasingly experimental. You would see artists dismantling the traditional hierarchies of "high" and "low" culture, and performance art started to gain momentum, often engaging audiences in new and collaborative ways. Art was beginning to free itself from purely material forms, resisting commodification, even as efforts were made to archive and document these ephemeral works.
September 3, 2025
As Singapore’s economy grew and society modernised, so did its art. The 1970s saw artists pushing beyond the Nanyang Style. It was a decade of experimentation and a growing interest in contemporary art practices. Influenced by modernism, they began exploring abstraction, conceptual art, and new materials. The 1970s also witnessed the rise of performance art, with artists using their bodies as a medium to express social and political commentary. The focus also broadened from simply depicting the local to engaging with more critical political and cultural issues. You would find artists asking questions about what defined art itself and the circumstances of its creation. While formalism was still a keen focus for many (think about artists exploring the arrangement of colours and shapes, often influenced by international abstract movements), individual artists also ventured into more personal and symbolic expressions, particularly in Chinese ink painting. This was a time of dynamic shifts, setting the groundwork for more avant-garde explorations.
September 3, 2025
The 1960s was a defining decade for Singapore, not just politically (with independence declared in 1965), but also artistically. Naturally, Singapore art in the 1960s reflected this journey of self-discovery and nation-building. This was the era of the Nanyang Style, a unique visual language created by Chinese immigrant artists trained in both Western and Eastern techniques, which emphasised the use of local subjects and vibrant colours, reflecting the region’s tropical landscape. You would see works that celebrated Singapore's multicultural ethos, blending Chinese, Malay, and Indian cultural elements with Western techniques. Institutions like the Raffles Library and Museum (precursor to our modern museums) played a crucial role, hosting exhibitions and facilitating cross-cultural exchanges, nurturing a generation of artists inspired by both their heritage and newfound Western influences. During this time, the establishment of the Singapore Art Society in 1945 and the formation of the Nanyang Academy of Fine Arts (NAFA) in 1938 played crucial roles in nurturing local talent.
September 3, 2025
What is the History of Singapore Art?
September 3, 2025
What Is the Perfect Proportion in Art?
September 3, 2025
What is the Fibonacci Sequence in Art?
September 3, 2025
What Are the 7 Essentials of Composition in Art?
Show More