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Art appraisals are a crucial step in determining the value of your art, whether for insurance, donation, resale, or estate planning. Different appraisers may have expertise in specific types of art, such as paintings, sculptures, or antiques. Entrusting this task to a qualified art appraiser is essential.
An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.
Seippel was insured, but the process for claiming the loss, providing records of the contents and assets in the home, and dealing with adjusters, claims reps, and contractors was arduous. Seippel explained, “Nobody knows what’s in your house better than you—not the bank, the insurance company, or anyone else.
Shoot also all undersides, and geometrical markings, numbers, (model, edition, series) and dates Shoot closeup of decoration: hand-painted or hand-decorated design will typically not be “deep under” the clear glaze Shoot whole set if there’s a set, or shoot a sample and tell the appraiser how many are included in the total set B.
Written by Kirsten Rabe Smolensky, JD, ISA CAPP As an appraiser, I have worked on a lot of insurance claims , including losses due to fire, theft, transit damage, and flood. The number one mistake most insureds make is not being prepared in advance. The insurance company requests an inventory of EVERYTHING inside.
The time of year when calls to our Art Crisis Management team are on the rise from clients and insurance adjusters reporting water-related damage to artwork, furniture, and other valued possessions. Some insurance providers offer discounts on policies for the installation of water-detection devices from their recommended vendors.
The time of year when calls to our Art Crisis Management team are on the rise from clients and insurance adjusters reporting water-related damage to artwork, furniture, and other valued possessions. Some insurance providers offer discounts on policies for the installation of water-detection devices from their recommended vendors.
There are three things that would improve the way this artwork has been placed in the back seat of this automobile: ONE – It is difficult to tell from this photograph, because of the angle from which it was taken, that the artwork is an oil on canvas and painted in a vertical format.
Although an interesting design idea, and maybe the only place the owner of this house had to hang this suite of works, it presents a very dangerous hanging problem that needed to be addressed by a professional fine art services company, not the furniture mover. The same goes for smaller works hung one above the other.
These collections are made up of paintings, sculptures, object art, drawings, engravings and others. Furniture There are historical pieces of furniture that have been made for specific spaces, as with many of the royal palaces and residences in Europe and. Contact Us!
The term “vintage furniture” simply means that the pieces were made at some point within the last century. Uncommon types of antiques are items that were never mass-produced, such as paintings, jewelry, and pottery. You will likely have to get a formal appraisal done to qualify for antique insurance.
How Provenance Can Push Sales Sky High One always expects a painting by Pablo Picasso to sell well at auction, but sometimes a painting’s provenance helps push it into stratospheric heights. Case in point is the artist’s painting “Femme à la Montre,” 1932 that just sold at Sotheby’s for close to $140 million dollars.
In early 2022 Art Peritus launched AP Selects, an online sales venture in which clients can consign art and furniture for sale through the business website, as well as on 3rd party independent online platforms including Incollect.com. We are also well known for the damage and loss appraisal work we perform for insurance claims.
Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy.
So, you have decided to paint the living room. While the workers do their thing, you have determined that the furniture can be moved to the center of the room and be protected via drop cloth, but where and how should you temporarily store your art for the next two weeks while the paint dries?
You might have a lot of different items, from furniture to jewelry, and each one has its own story and value. They can look at an old painting or a piece of jewelry and tell you how much it's worth. Dealing with Money Stuff: Appraisals can also help with boring but important things like taxes and insurance.
Every collector or vintage enthusiast dreams of that one big score—the piece of roadside furniture that turns out to be worth thousands or that long-closeted box containing a rare book in pristine condition. When she took the painting home, she had no way of knowing it would be a bigger story than just a great find.
Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. You just moved across the country and your favorite painting arrived with a gash through the canvas. I discovered on examination that the legible signature was attached to a clearly amateur effort in paint.
Traditional antique furniture has declined in popularity, and yet, this doesnt mean they should be neglected. Weve seen this in countless areasfrom mid-century furniture to vintage vinyl records. Whether its a rare painting, an outdoor sculpture, or a set of antique silverware, caring for these pieces ensures their survival.
Likewise, if an object is stolen, lost or destroyed, an accurate value is needed to support a theft report, claim for compensation against the wrongdoer or an insurance claim. Her specialties include Buddhist antiques, ceramics, Indian miniature paintings, and musical instruments. Register for this year’s ISA conference here.
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