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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

But if you are considering donations of tangible goods, especially high-value tangible goods, then read on. As you may have read elsewhere on the website, the IRS has many rules when it comes to the charitable donation tax credit. (As Let's say you have decided to donate a painting to your alma mater.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Still, if you have something of value, you will benefit from an impartial assessment of fair market value so that you do not sell something too low to donate something of high value you did not intend to. Artwork Donation: Donating artwork to museums, galleries, or charitable organizations often requires an appraisal for tax purposes.

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Lost Fine Art: ‘Medicine’ by Gustav Klimt

ValuePros Appraisal Services

Upon presenting his paintings, ‘Philosophy’, ‘Medicine’ and ‘Jurisprudence’, Klimt came under attack for ‘pornography’ and ‘perverted excess’ in the paintings. None of the paintings would go on display in the university.

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RESEARCHING Your Art, Yourself, Is a Bad Idea!

Coronado Appraisal

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.? You could have this fabulous 2-million-dollar painting. How many times have we been in a gallery where there are no prices on the wall next to the paintings?

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The Significance of Hiring a Qualified Art Appraiser: Preserving Value and Ensuring Accuracy

JSK Fine Art Appraisals

Estate Planning and Legal Compliance: For those considering estate planning or making charitable donations, a qualified appraiser plays a pivotal role. This is particularly crucial for accurate valuation, minimizing potential issues during estate settlements or when claiming tax deductions for charitable contributions.

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Office Hours Information from March 2025

International Society of Appraisers

This quote is in the context of IRS Publication 561, which provides guidance for determining fair market value for charitable donations; therefore, this quote must be understood within that specific context and intended use. What if your item contains intrinsic materials? Then you would determine scrap value.

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Appraisals are important not only to make certain you are appropriately insured, but it can also help you make smart decisions about charitable donations, gifts to family members or making the decision to sell the work. She worked in so many mediums: drawing, painting, theater, sculpture, and also made jewelry.