Insurance Market Value Paintings 
The Art Newspaper
JULY 18, 2025
At the heart of the case are five paintings, allegedly worth over $410m, by Cy Twombly, Ed Ruscha, Andy Warhol and others, which Perelman claims were significantly damaged in a 2018 fire at his East Hampton estate. The insurers dispute the damage, as well as Perelman’s claim that he never attempted to sell the works afterward.
International Society of Appraisers
MARCH 14, 2025
Q: In a damage claim, what's the most common marketplace for determining the fair market value of diamond jewelry? Is it the orderly liquidation market, retail market, retail replacement market? The process for determining fair market value for a damage claim would be the same for any other intended use.
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Art Appraisal Resources
JULY 13, 2023
Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Appraisals are crucial in the art market, providing essential information about artworks' value, authenticity, and condition.
Artifactual History Appraisal
SEPTEMBER 17, 2019
Without those other two data points of 1) market level and 2) point in time (which is commonly referred to as the “effective date,” meaning the date the appraised value is effective for), any number that is thrown around as a value is essentially meaningless. The next level down of value is Actual Cash Value.
Art Appraisal Resources
AUGUST 3, 2023
Art Acquisitions Art collectors, museums, galleries, and private individuals interested in purchasing contemporary Paintings, Sculpture, Photography, or Fine Art Prints might seek an appraisal to ensure they make an informed investment.
Art Peritus
SEPTEMBER 3, 2024
Desantis Should You Consider Insurance? Surprisingly, many collectors of “passion assets” don’t think to protect these valuables with insurance. However, in truth there is no “minimum value” to mandate insuring one’s treasured valuables and virtually ALL collections can benefit substantially from being insured.
Old Crows Antiques
SEPTEMBER 20, 2021
Indeed, you hope you got a great deal on your discovery, but how do you determine the market value of an item? For residents around Littleton, Colorado, you're in luck—the dealers at Old Crow Antiques are happy to help you research the value of your antique and vintage pieces, and some are even certified to appraise items.
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