Secondary Market Works of Art ~ Sold Art Works

Art Term Definitions

Primary Market: Term for the sources of art works initially sold to collectors, usually through galleries, dealers, and at artist's shows, the 'first sale' of a work of art.

Secondary Market: Term for sources of art works that have been sold before and are available again for sale in the market place. The secondary market provides liquidity for the art world. Estate sales and retirement down-sizing are the prime reason quality works of art appear on the secondary market. Auction houses, dealers, and galleries are participants in the secondary market. The secondary market often establishes the market value of works of art at a point in time.

Artist:
Scott B. Royston
b1974 -
..................................
Title: Pentunia and Shells
Medium: Oil
Substrate/Support: Board

Image Size:11 x 12
Framed Size:

Signed:LL
Condition: Good
Year Completed:
circa 2003

Sold in 2007 for:
$5,000

Artist:
Edward J. Bierly
b1920 - 2004

Title: Flight of Freedom
Medium: Oil

Substrate/Support: Board
Image Size: 38 x 48
Framed Size:
43 x 53

Signed:LR
Condition: Good
Year Completed:
1981

Sold in 2006 for:
$24,000

Artist:
Michael Godfrey
b1958 -

Title:
Evening Hues
Medium: Oil
Substrate/Support:
Canvas

Image Size:
24 x 36
Framed Size:
32 x 44

Signed:LR
Condition: Good
Year Completed:
circa 2001

Sold in 2008 for:
$6,000

Artist:
Nancy Hammond
b19

Title: Racing in the Harbor
Medium: Silkscreen

Substrate/Support:
Paper
Image Size:20 x 26
Framed Size:
28 x 34

Signed:LR
Condition: Good
Year Completed:
circa 1988

Sold in 2008 for:
$625

Artist:
Scott B. Royston
b1974 -

Title:
Harmony of Fruit
Medium: Oil

Substrate/Support: Board
Image Size:12x10
Framed Size:
19 x 17

Signed:LR
Condition: Good
Year Completed:

Sold in 2007 for:
$4,500

Artist:
Margaret Kranking
b1931 -

Title: Brisk Day, Annapolis
Medium: Watercolor

Substrate/Support: Paper
Image Size: 25 x40
Framed Size:
35 x 50

Signed:LR
Condition: Good
Year Completed:
1991

Sold in 2001 for:
$1550

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