Tue.May 13, 2025

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Determining Fair Market Value Part I

International Society of Appraisers

5/13/2025 12:00:00 AM Determining fair market value (FMV) can be a complex process, as it is highly dependent on the specific facts and circumstances surrounding each appraisal assignment. Appraisers must exercise professional judgment, supported by credible data and sound methodology, to determine FMV. This often requires careful analysis of market trends, the availability and reliability of comparable sales, and an understanding of how the property would perform under typical market conditions

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$70 Million Giacometti Flops at Sotheby’s, as Demand for Trophy Art Softens

Artnet News

The house pulled in $186.4 million as its Modern art sale, a major drop from last year. The post $70 Million Giacometti Flops at Sotheby’s, as Demand for Trophy Art Softens appeared first on Artnet News.

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Part II: Understanding and Determining Fair Market Value in Canadian Appraisals

International Society of Appraisers

5/22/2025 12:00:00 AM Fair market value (FMV) is foundational in Canadian personal property appraisals prepared for charitable donations, estate administration, and cultural property certification applications. While the term is widely used, determining FMV in these contexts requires careful adherence to legal precedent, administrative guidance from the Canada Revenue Agency (CRA) and issued by the Canadian Cultural Property Export Review Board (CCPERB), when applicable.

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Phillips Nets Lean $52 Million in New York, Led by Basquiat That David Bowie Bought for $93,000

Artnet News

Five new records were set, for Ilana Savdie, Olga de Amaral, Kiki Kogelnik, James Turrell, and Grace Hartigan. The post Phillips Nets Lean $52 Million in New York, Led by Basquiat That David Bowie Bought for $93,000 appeared first on Artnet News.

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11 Different Ways to Achieve 700 USPAP-Compliant Appraisal Hours

International Society of Appraisers

5/19/2025 12:00:00 AM This guide provides USPAP-compliant strategies for ISA members to earn the 700 appraisal hours required for Accredited Member status under the AQB Personal Property Appraiser Qualification Criteria (effective January 1, 2018). It outlines practical ways to gain experience through course-based reports, client work, assisting other appraisers, or volunteering.

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By the Numbers: Christie’s $271.9 Million Riggio Sale May Mark a Return to Razor-Thin Margins

Artnet News

And the air remains thin at the very top of the market. The post By the Numbers: Christie’s $271.9 Million Riggio Sale May Mark a Return to Razor-Thin Margins appeared first on Artnet News.

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$70m Giacometti bombs at patchy Sotheby’s Modern art auction

The Art Newspaper

The prize lot, a bust depicting the artists brother Diego, failed to attract bidders during the $186.

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Mexican authorities decry 'distorted information' in MrBeast video filmed at ancient Mayan sites

The Art Newspaper

Mexico's National Institute of Anthropology and History released a statement praising MrBeast's mission while correcting some moments of "theatricality" in his video

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The Market Today: Mid-Century American Studio Pottery

Maine Antique Digest

Lets start with a definition. What is mid-century studio pottery?

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Behind the scenes of the Met’s revamped Rockefeller Wing with its acclaimed architect

The Art Newspaper

Kulapat Yantrasast has a design philosophy of cultural Pad Thaimultiple perspectives combined into something unique and approachable

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Antiques Trade Talks – The Clarkson Collection

Antique Collecting

George Clarkson runs the Clarkson Collection, an antiques and vintage business based in Cottered in Hertfordshire but primarily operating online. The post Antiques Trade Talks – The Clarkson Collection appeared first on Antique Collecting.

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‘There is not enough money for education’: French philanthropist to fund museum visits for 100,000 UK children

The Art Newspaper

Frdric Jousset will provide 1m over four years to send school children to cultural venues, including the British Museum

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163 Treasures From King Tut’s Tomb Arrive at the Grand Egyptian Museum

Artnet News

The grand opening will finally take place in July. The post 163 Treasures From King Tut’s Tomb Arrive at the Grand Egyptian Museum appeared first on Artnet News.

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In Rotterdam, a new art museum explores the city's rich history of migration

The Art Newspaper

Opening on 16 May, Fenix addresses the arrivals and departures that have given the Dutch port its energy and modernity

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5 Masterpieces That Were Literally Pulled Apart—and Then Reunited

Artnet News

Once broken apart, these five artworks are now revealing their full stories for the first time. The post 5 Masterpieces That Were Literally Pulled Apartand Then Reunited appeared first on Artnet News.

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British MP Patrick Spencer charged with sexual assaults at London art world haunt the Groucho

The Art Newspaper

The Metropolitan Police say the charges are unrelated to accusations of a serious criminal offence at the club that resulted in it having its license suspended in November

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Trail of Tiles

The Magazine Antiques

A fantasia in ceramic, Leighton House in London testifies to the decorative sense of its namesake builder, artist Frederic Leighton, and the craftsmanship of William De Morgan. The post Trail of Tiles appeared first on The Magazine Antiques. Trail of Tiles was first posted on May 13, 2025 at 10:23 am. ©2021 " The Magazine Antiques " Use of this feed is for personal non-commercial use only.

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Why is the art market turning Gulf-wards?

The Art Newspaper

As Chinas market drops, auction houses and dealers have been following the money to Saudi Arabia

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How Hilma af Klint’s Visionary Paintings Linked the Spiritual and the Earthly Realms

Artnet News

We took a closer look at 'Youth,' one of 193 paintings commissioned by a spirit during a seance to adorn a cosmic temple. The post How Hilma af Klint’s Visionary Paintings Linked the Spiritual and the Earthly Realms appeared first on Artnet News.

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Comment | The greatest failure of PST Art: its successes are not travelling

The Art Newspaper

As the Getty wraps up its third edition of this initiative, it is time to address a persistent problem

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Ian Hamilton Finlay at 100: A Century of Concrete Poetry and Classical Resistance

Artnet News

In New York, David Nolan Gallery presents a centennial exhibition on the pioneering artist, poet, and gardener. The post Ian Hamilton Finlay at 100: A Century of Concrete Poetry and Classical Resistance appeared first on Artnet News.

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For its 10th edition, Photo London aims to look beyond the notorious ‘Kate Moss Index’

The Art Newspaper

Opening later this week with new leadership, the photography fair is determined to move away from the clichs of supermodels, artful murmurations of birds, and majestic beasts

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Arte Povera Pioneer Michelangelo Pistoletto to Debut Monumental Work at Egypt’s Pyramids

Artnet News

Pistoletto was nominated for a Nobel Peace Prize earlier this year. The post Arte Povera Pioneer Michelangelo Pistoletto to Debut Monumental Work at Egypt’s Pyramids appeared first on Artnet News.

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Justin Sun and David Geffen's legal feud over $78m Giacometti sculpture expands

The Art Newspaper

In a countersuit stand-off, the two parties are broadening the scope of their allegations beyond the disputed sculpture

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‘Extraordinary’ Buddhist Relics Found Hidden Under Ancient Temple in Thailand

Artnet News

The artifacts are changing the archaeological understanding of the sacred site. The post ‘Extraordinary’ Buddhist Relics Found Hidden Under Ancient Temple in Thailand appeared first on Artnet News.

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Artist Alison Saar wins High Museum’s 20th annual Driskell Prize

The Art Newspaper

The renowned sculptor, whose distinctive public work was most recently featured in the Desert X biennial, will be formally honoured with the $50,000 prize at a gala in September

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Is It Furniture or Fine Art? How Artists Are Rethinking Everyday Design

Artnet News

Artists are breaking the barrier between art and furniture, merging design, function, and conceptual provocation. The post Is It Furniture or Fine Art? How Artists Are Rethinking Everyday Design appeared first on Artnet News.

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David Battie collection in Sworders sale

Antique Collecting

A private collection from longstanding BBC Antiques Roadshow specialist David Battie and his wife, Sarah, form the core of Essex The post David Battie collection in Sworders sale appeared first on Antique Collecting.

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By the Numbers: Christie’s 20th-Century Sale Totals Modest $217 Million

Artnet News

Female Surrealists had a strong night, with records falling for Dorothea Tanning and Remedios Varo. The post By the Numbers: Christie’s 20th-Century Sale Totals Modest $217 Million appeared first on Artnet News.

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‘Pocahontas’ necklace in London sale

Antique Collecting

A historic necklace with a direct link to one of the most iconic figures in American history, Pocahontas, is set The post ‘Pocahontas’ necklace in London sale appeared first on Antique Collecting.

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Canaletto Masterpiece With Storied Provenance Poised to Break His Auction Record

Artnet News

The 18th-century painting once hung in the offices of the U.K.'s first prime minister. The post Canaletto Masterpiece With Storied Provenance Poised to Break His Auction Record appeared first on Artnet News.

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The History of the Verneuil Method: Pioneering Lab-Grown Crystal Technology

Gem Society

Discover the history of the Verneuil method, the pioneering technique that revolutionized the production of lab-grown rubies and sapphires, making these precious gems more accessible and opening new technological frontiers.

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How to Know When Costume Jewelry Is Worth Restoring

WorthPoint

1940s enameled brooch by Marcel Bouche r that, if needed, would be worthy of restoration. Whether you buy and sell costume jewelry frequently or pick up a few things to admire and wear, youll eventually run across a great piece needing repair that seems super tempting. There might be times when you get broken items in large lots of jewelry, or you just overlook a flaw when youre out shopping.

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2,000 Carats of Historic Emeralds to Highlight Christie's Mughal Jewels Sale

Jewelry Judge

Nearly 2,000 carats of historic Colombian emeralds will be in the spotlight on June 17, as Christie’s New York presents "Magnificent Mughal Jewels: Property from a Royal Collection." Steeped in dynastic prestige and displaying extraordinary craftsmanship, the three museum-worthy pieces — each with Mughal royal provenance — will offer collectors a rare chance to own a piece of South Asian imperial history.

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From an Unexpected Botero to an Overlooked Neo-Expressionist—5 Star Lots From Artnet Auctions

Artnet Auctions

In the latest iteration of the sale, some of the 20th-century's biggest names shine, including Damien Hirst and Donald Judd. The post From an Unexpected Botero to an Overlooked Neo-Expressionist5 Star Lots From Artnet Auctions appeared first on Artnet News.

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