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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 Fine Art Prints might seek an appraisal to ensure they make an informed investment.
A Note from the Co-Editor: As an appraiser, I frequently invite new clients to send me pictures of their items so I can review them in advance and better assist with designing an appraisal scope of work that is most appropriate to their needs. There are some objects that are not well-suited for evaluating through photographs.
My latest article for Worthwhile Magazine™ tackles a tricky area of appraising: understanding the different levels of value. This is one of the most confusing elements of appraising that I spend a lot of time discussing with clients, so I wanted to cover the subject in an article that could reach and help a much broader audience.
As partners of the Appraisal Foundation, we adhere to Personal Property Appraiser Qualification Criteria. Qualifying appraisal experience consists of tasks associated with the accomplishment of personal property assignments which result in a USPAP compliant report. As appraisers, we are market researchers.
You need to find your painting, your artist, or the comparables for your type of art…such as, ‘School of French Impressionists’, or ‘the Drip School’, etc.? However, you still will not be able to sell it for the amount you believe it to be worth, because you do not have a written appraisal by a Professional Art Appraiser.
Recently, a client contacted us for an insurance appraisal. She was remodeling her home and wanted to make sure that her paintings were insured to the proper value in case there was any damage during the remodel. An insurance appraisal serves several purposes, and thinking ahead provides peace of mind.
I was in Downtown Dallas this week heading back to the office after dropping off an appraisalreport for a client and was able to catch the current show at Craighead Green Gallery. Several pieces in the show were a collaboration with muralist Mick Burson, who added his aesthetic to the sculptures with bright and whimsical paint jobs.
Since the shelter-in-place order, we have been busy serving our clients, completing research on projects started prior to the stay-at-home mandate, delivering appraisalreports, brokering artwork sales, and providing pre-purchase consultations. Kadir Nelson’s new painting, “After the Storm” is a perfect example of the theme.
In gathering information to write this post, I was shocked to discover that anyone can legally present themselves as a personal property appraiser. There is no governmental license, proof of knowledge, or certification required to appraise personal property.
Guardian preparators built and packed a custom shadowbox to support a damaged painting at Pabst Mansion in a still from “Behind the Canvas” season 1, episode 6. Depending on the nature of the piece, and its value, you may also need a USPAP-compliant appraisalreport for insurance purposes.
When it comes to appraisalreports, many of people have a tend to fast-forward to the final value estimate, akin to flipping to the end of an intriguing book to uncover the ending. Let’s delve into the fascinating world of the AppraisalReport and its pivotal role in real estate processes.
There are many reasons you might need an appraisal of personal property. Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. Your client with the large estate has just died and her personal property must be appraised. But where to begin?
Art doesn't handle temperature and humidity fluctuations well, and if you own a very small, very expensive painting, it might make sense to tuck it in the car with you rather than risk leaving it in the house. Would you need to have an appraisalreport already on file, or could you obtain one after the fact?
Can AI technology create, design, appraise, and curate fine art? Can you take The Starry Night ‘s glow or the Mona Lisa ‘s gravitas and feed that into a bunch of software code to develop a description, an interpretation, or an appraisal? Can you explain what the AI role is becoming in appraisals?
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