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This small drawing with a distinctive monogram was purchased in 2017 at a yard sale for $30 and valued at over $10,000,000. Almost everyone would love to be the one to find this needle in a haystack type of undiscovered treasure, but on the flip side, no one wants to be one who inadvertently sold the $10,000,000 drawing for $30.
FINE ART APPRAISERS Our staff of experts certify the value of hundreds of pieces of fine art every month. The post Lost Fine Art: ‘Medicine’ by Gustav Klimt appeared first on ValuePros Appraisal Services. Only one photograph remains of the complete painting of Medicine, taken just before it was destroyed.
B: Should updated appraisals be a resolution for collectors? K: Certainly, especially if they haven’t had an updated appraisal in 5 years and/or they are collecting in a genre or an artist in which there has been a lot of market fluctuation, such as women Abstract Expressionists, contemporary Black artists, just to name a few general areas.
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.
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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? What’s USPAP?
FINE ART APPRAISERS Our staff of experts certify the value of hundreds of pieces of fine art every month. The post Lost Fine Art: The White Duck by Jean-Baptiste Oudry appeared first on ValuePros Appraisal Services.
FINE ART APPRAISERS Our staff of experts certify the value of hundreds of pieces of fine art every month. The post Missing Fine Art: Portrait of Dr. Gachet by Vincent Van Gogh appeared first on ValuePros Appraisal Services.
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