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The insurers dispute the damage, as well as Perelman’s claim that he never attempted to sell the works afterward. Selvin adds, “However, if the case proceeds to litigation, and market conditions have shifted since the loss occurred, either the claimant or the insurer may request an updated appraisal to reflect current market values.”
7/7/2025 12:00:00 AM When appraising fineart prints, especially those from the same edition, it is common to encounter a wide range of asking prices across different retail galleries. This variability can create confusion when determining which price to use for insurance appraisals.
They are collaborating with Wong’s business partner Phillip Hoffman who runs the London-based advisory, The FineArt Group. That might include buying and selling art—whether at auction, via galleries or privately—estate management and the financing and insuring of a collection. It’s certainly not going to go away.”
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When Might You Need a Contemporary Art Appraisal? Art Acquisitions Art collectors, museums, galleries, and private individuals interested in purchasing contemporary Paintings, Sculpture, Photography, or FineArt Prints might seek an appraisal to ensure they make an informed investment.
Our existing content includes: -The Catalogue Raisonné: An Art Collector’s Underutilized Friend by me - Beware the One-Page Appraisal Report by Canadian appraisers Kelly Juhasz, ISA AM and Darlene N. The workshop included presentations by trust attorneys, insurance agents, curators of private collections, and family office managers.
How jewelry is valued While the majority of the appraisals we do are for insurance purposes (Retail Replacement Value), a Fair Market Valuation (FMV) is more appropriate when it comes to determining what you might expect to sell your jewelry for. Two basic methods for determining jewelry value are the cost method and the comparison method.
Whether you need a quick valuation for possible re-sale of your items, or you are looking for a more in-depth assessment for insurance or estate planning purposes, discovering a professional nearby is crucial. Typically, this involves analysis of comparable sales in the appropriate market. Insurance and bonding.
As an appraiser, my role is to provide an unbiased, well-researched valuation tailored to your specific needs, whether for insurance, estate planning, donation, or sale. Many insurance companies require a professional valuation to determine an appropriate coverage amount.
READ MORE READ MORE ABOUT TOWN Drafting a Market Analysis There are many nuances appraisers must consider when conducting a market analysis for appraisal purposes. Collection Brief is brought to you by Art Peritus, an industry authority on appraisals, art crisis management and collection consulting across all categories.
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