What is in an Art Appraisal?
An art appraisal documentation includes
1/ description of the artwork itself including sizes, annotations, signature, title and location eventually with a condition report ( essential elements of the state of conservation)
2/ a biography of the artist
3/ auction records referring to the to appraise artwork
4/ general assessment of authenticity,
5/ a comparison with other works by the artist at the same period or of the same style
6/ it will include a fair market value and a replacement value. We will explain later in this blog the difference between the two.
We only propose a fee for an art appraisal or estimation,evaluation after reviewing the artwork and only if the value of the artwork justifies the expenses for an art appraisal.
We don’t make any art appraisal if we are not convinced of the authenticity. All art appraisals are prepared in accordance with the American Society of Appraisers, guidelines and standards, as well the guidelines of the American Appraisers Association, the American Society Of Certified Appraisers and all major appraisers associations.
Image from " the Best Offer" movie by Tornatore. The loneliness of the art appraisal expert
The codes and ethics of these associations are strictly applied to our services. We also offer a more comprehensive version of art appraisal service for collectors who require a written report. The information provided could be as relatively simple as determining the maker of a specific item or, where that is practically impossible to determine, the school, workshop or manufacturer from which it emanates. Or it could be as relatively complex as providing identity, coupled with original use, place of origin, and social context and historical significance. The fee for art appraisal is based upon time and materials and the cost and ‘lead time’ to completion of the report will vary according to the complexity of the assignment. Invariably this service requires seeing the item (s) in person. Having considered the information you submit we will be able to give you a total cost estimate prior to beginning the assignment. You can then decide whether or not you want to commit.