Art Appraisal Resources
AUGUST 29, 2023
Estate Appraisal Estate appraisals are crucial for estate tax purposes. Accurate estate appraisals help with estate planning and tax obligations. You can read more about estate tax appraisals here. They determine the value of an art collection when an individual passes away.
Artifactual History Appraisal
SEPTEMBER 17, 2019
When applicable, sales and/or import tax, commissions and/or premiums are included in this amount.” ( Appraising Art: The Definitive Guide to Appraising the Fine and Decorative Arts , 2013, Appraisers Association of America, page 438.) The next level down of value is Actual Cash Value. The next level is Fair Market Value.
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Fine Art Estates
JANUARY 7, 2022
Today, with over 180 members, the ADAA has expanded its appraisal services from donation to also include estate tax, gift tax, and insurance. If a work is in pristine condition, especially for its age, it would have a higher value than a work with a lot of craquelure issues or paint loss.
Art Peritus
OCTOBER 6, 2022
One recent example of an Art Peritus Project included appraising an Estate from a High Net Worth collector with over 15,000 objects purchased from all over the world. The art and collectibles ranged in age from antiquity to the 20th Century. The works were valued any where from $5 to $5 million USD.
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