The resale value of a wood carving depends on several critical factors that collectors and appraisers carefully evaluate. Craftsmanship is paramount—intricate details, precision, and the skill of the artist significantly elevate a piece's worth. Rarity also plays a key role; limited-edition or one-of-a-kind carvings by renowned artists command higher prices. The type of wood used, such as ebony, teak, or rosewood, impacts durability and aesthetic appeal, influencing value.

Condition is another major factor—well-preserved carvings with minimal damage or restoration retain more value. Historical or cultural significance can further increase desirability, especially for antique pieces tied to specific traditions or eras. Provenance, or documented ownership history, adds authenticity and boosts resale potential.

Market trends and demand also affect pricing, with certain styles or periods experiencing surges in popularity. Lastly, the reputation of the carver—whether a master artisan or a lesser-known talent—can sway valuations. By understanding these factors, sellers and buyers can better assess the true worth of a wood carving in today's market.