Art Appraisal Resources

AUGUST 29, 2023

Fair Market Value Appraisal One of the most common types of appraisals, a fair market value appraisal determines the price a willing buyer and willing seller would agree upon in an open market, assuming neither is under duress to buy or sell. Estate Appraisal Estate appraisals are crucial for estate tax purposes.

Appraiser/appraisal 130

Appraiser/appraisal Fine Art Valuation Charitable Donations 130

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.

Retail Replacement Value 130

Retail Replacement Value Appraiser/appraisal Appraisal Reports Market Value 130

Fine Art Estates

JANUARY 7, 2022

They proposed to the IRS that this new organization, made up of many the most knowledgeable and respected art dealers around the country, could help to establish consistent standards for evaluating the fair market value of artworks. Please discuss how the values for the different types of appraisals may differ and why?

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130

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.

Appraiser/appraisal 40

Appraiser/appraisal Collectibles Market Value Age 40