Every artwork tells a story. While its sentimental value may be immeasurable, its market value can vary widely. Some pieces may have appreciated significantly over time, while others may not hold substantial value in today’s market. Understanding an artwork’s Fair Market Value or estimating its Replacement Cost is a complex process, and the appropriate valuation depends on the intended use of the appraisal.
A single artwork can carry multiple values, depending on the purpose of the appraisal. Qualified and experienced appraisers are trained to determine these nuanced values and assess the appropriate market level for each case.
Common APPRAISAL PURPOSES:
Insurance Coverage
Charitable Donation
Donation of Certified Cultural Property
Resale Value
Disposition and Division of Assets
Estate planning and Tax Reporting
Art Collection Management
Appraisal Process
The appraisal process involves a detailed examination of your artwork(s), market and value research, analysis of comparable sales, and the preparation of a formal Appraisal Report.
I typically begin by arranging an in-person inspection, during which I will photograph the artwork and document key details such as its physical condition, size, medium, artist, date, signature, and provenance.
If an in-person inspection isn’t possible, I will request the following information:
Clear photographs (front, back, signature, and any labels or markings)
Artist’s name
Date of creation (if known)
Title of the artwork (if known)
Dimensions (height x width, excluding frame)
Medium (e.g., oil on canvas, etching on paper, watercolour)
Provenance (history of ownership, invoices, gallery representation, acquisition details)
Condition (including photos of any damage such as scratches, dents, or grime)
Additional documentation such as receipts, prior appraisals, or gallery records can help establish context and identify the relevant market for valuation.
Expertise and Research
As a fine art specialist, I draw on years of experience and a trusted network of colleagues with diverse expertise in fine art. This ensures that each piece is properly identified and thoroughly researched.
Valuation involves analyzing data from a wide range of sources, including auction houses, galleries, dealers, corporate collections, and private sales. I carefully examine relevant markets, sales frequency, and price trends to determine the most accurate value. Your written Appraisal Report will include detailed comparables and analysis to support my value conclusion.
If authenticity is in question, I will consult with recognized experts and, if necessary, arrange for scientific testing or physical examination to reach a determination.
All appraisal work is conducted with strict confidentiality, objectivity, and adherence to professional standards.
I am a specialist in fine art and have an extensive network of colleagues with varied expertise in fine art. This ensures that each personal property being appraised is accurately identified and researched.
Appraisal FeE
Fees are based on the time and complexity of your project, including research, inspection, and report preparation. A quote will be provided once the scope of work is determined.
ReSALE
If your artwork holds market value and you’re considering selling, a Market Cash Appraisal can help you understand what you might realistically expect to receive—cash in hand—after seller fees and shipping costs. I will assist in identifying which galleries, art dealers, or auction houses may be willing to consign, purchase, or offer your work at auction.
