What does “Verbal Expert Confirmation” mean in an auction?

Online bidders must have noticed that in the description of some lots there is the phrase “Verbal confirmation of such-and-such expert” or “Verbal confirmation of the artist's widow”. In what cases and why is it written?

I explain.

Verbal confirmation means that the authenticity of the work has been verified, but an official expert opinion (paper with signature and seal) has not been issued at the time of sale. And it is recommended to do this to the buyer immediately after purchase.

When will prices for Russian art rise?

— When will prices start to rise again in our painting market? — Is it good to sell paintings for today's money or is it better to keep it? — And how much time do you advise to wait? Any meaningful price forecast is an infernal regression model. Multifactorial and merciless. Nevertheless, some ideas, forecasts, expectations can be formulated at the level of practical experience of sales and own observations. Let's try in the question-answer mode.

What to do in a crisis. ArtSale.info Auction tips

As they say, they waited. The closure of the flight. Oil at 33. The dollar at 75. Exchange panic. And “zeroing” in addition. Full house. But those who, after each crisis, asked, “Should we wait 5 years until it gets better?” once again received an eloquent answer to their question. What will happen to prices, sales, demand now? Rewrite price tags? Wait? To sell out? We at ArtSale.info think as follows.

How to find out the price of a painting for free

You can do it. There are a set of steps. But for starters, let's eliminate the situation when it comes to works of unknown authorship, without signatures, as well as paintings by amateur artists, amateur copies and mass reproductions. All of them often cost symbolic money, 1,000-5,000 rubles. The age of the picture (old — not old) is also not a criterion for its price. So we take it as a condition that the name of the author of the evaluated work is known in advance and the picture is signed. Then the general procedure will be something like this: