Remove Age Remove Estate Tax Remove Provenance
article thumbnail

Evaluation to Valuation: Navigating Fine Art Appraisals

Art Appraisal Resources

The appraiser will then research the artist, provenance, exhibition history and market trends related to the artwork and similar pieces. Estate Appraisal Estate appraisals are crucial for estate tax purposes. Accurate estate appraisals help with estate planning and tax obligations.

article thumbnail

Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

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.

article thumbnail

How Do I Get My Art Appraised?

Fine Art Estates

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. Provenance information?