Ron Perelman's $410m insurance trial is testing the limits of art valuation
The Art Newspaper
JULY 18, 2025
The insurers dispute the damage, as well as Perelman’s claim that he never attempted to sell the works afterward. When an appraiser is brought in, their role is to assess the value of the object(s) as of the date of the loss.” Lengthy trials can also complicate valuations being discussed. “An
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