Professional Art Appraisal: What You Should Know

If you don't know the value of your artwork yet, you should definitely learn about art appraisal services. A professional appraisal allows you to discover the real worth of your pieces, which is something you need to be aware of on different occasions in life. Below you will find some handy information on the matter.

1. It is not an oral report

Art evaluation is based on a comprehensive examination of your art pieces to determine their value. An appraiser carries out a detailed analysis of each work and describes the conclusion in writing. A professional art appraisal usually includes:

  • accurate description of the artwork and photos of each piece;
  • current condition of the artwork;
  • reason for the appraisal;
  • commentaries about research methods used;
  • notation about provenance;
  • signature and resume of the appraiser.

2. An art appraiser is a licensed specialist in the arts

An appraiser is well-educated and knowledgeable of art-related matters, including the history of art and medium specifications. It is a professional who can give a subjective opinion about the market value of the art piece. Remember to choose only a licensed and reliable art expert.

3. The value of an artwork is not the cost you paid for it

The value considers the money covered in case of damage, theft, or loss of your artwork. Generally, it entails the retail cost along with extra expenses occurring in the process of repairing or moving the art object. It is vital to understand that it is not the cost you paid for the piece.

4. When do you need an art appraisal?

Evaluation of art can be handy in a range of cases that fall into several categories:

  • covering a loss or damage;
  • donating;
  • obtaining insurance;
  • selling or buying an art piece;
  • dividing marital property.

Adding on, if you are looking for a reliable art appraiser, you can always turn to Fine Art Shippers. We collaborate with many reputable professionals in the field and would be happy to help you find the right art appraiser for any job.

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