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Ron Perelman's $410m insurance trial is testing the limits of art valuation

The Art Newspaper

The insurers dispute the damage, as well as Perelman’s claim that he never attempted to sell the works afterward. Again, the debate focused less on physical condition and more on perception, and its impact on price. But how does a market, increasingly professionalised, complex and litigated, quantify a quality as elusive as “oomph”?

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Determining Replacement Value for Fine Art Prints

International Society of Appraisers

This variability can create confusion when determining which price to use for insurance appraisals. The key lies in two important considerations: the condition of the client’s print and the venue the client shops. It requires careful analysis of the print’s condition and an understanding of the client’s buying habits.

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The Rise of Vintage Luxury

Art Peritus

As an avid collector and wearer of vintage couture, I’ve personally experienced firsthand the magnetism of these timeless treasures—and as an appraiser, I’ve seen how important it is to accurately understand their value for estate tax, insurance coverage, and equitable distribution.

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Why Get a Diamond Appraisal for Your Engagement Ring

GIA 4Cs

A diamond appraisal is an evaluation of a diamond or piece of diamond jewelry, usually for insurance or estate purposes. An appraisal may be needed for a variety of reasons (insurance, donation, estate, divorce, etc.). For example, an insurance replacement value is generally much higher than a fair market value.

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Office Hours Information from March 2025

International Society of Appraisers

There are different marketplaces depending on many factors, including: urgency to sell, quantity, condition of the property, and the quality of the items. For insurance replacement purposes, appraisers should consider where the client typically shops, which, in most cases, falls under the retail market.

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Art vs. The Elements

Art Peritus

Create a disaster response checklist that includes: A list of priority artworks Instructions for emergency packing and transport Contact information for art conservators, insurers, and professional art handlers Safe evacuation routes and storage locations 2. Email, call or click HERE to see how we can assist. ###

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Passion Assets: A True Love of Collecting

Art Peritus

According to the insurance firm Marsh McLennan , luxury assets have grown in value by 123% over the past decade, establishing themselves as a meaningful asset class. However, the qualities that make passion assets so precious to collectors also expose them to unique risksrisks often not covered by standard homeowners insurance policies.