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The Company Policy about AI and Appraising

Artifactual History Appraisal

Among the workfile’s contents must be included “all other data, information, and documentation necessary to support the appraiser’s opinions and conclusions and to show compliance with USPAP, or references to the location(s) of such other data, information, and documentation.” USPAP 2024 Edition, page 12).

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Part III: Fair Market Value Guidance List

International Society of Appraisers

However, this tool is not a replacement for thorough analysis, self-study, or adherence to applicable professional standards and legal requirements. Use of this guidance list does not guarantee valuation accuracy; it is meant to support, not replace, critical analysis and professional discretion. Explain to your reader (e.g.,

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Ron Perelman's $410m insurance trial is testing the limits of art valuation

The Art Newspaper

That is, presenting findings from Jennifer Mass, the president of Scientific Analysis of Fine Art, his lawyers argued that damage from fire or damp could shorten the “lifespan” of a painting through damage to compounds which are as yet invisible. It’s a challenge that is familiar from authenticity and attribution cases.

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The Intersection of Provenance Research and Technology in Fine Art 

JSK Fine Art Appraisals

This specific format of research focuses on a piece’s ownership and documentation through visible makers such as gallery stickers, labels, signatures, and any other defining markers that can be found on the back of a piece.

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Determining Fair Market Value Part I

International Society of Appraisers

This often requires careful analysis of market trends, the availability and reliability of comparable sales, and an understanding of how the property would perform under typical market conditions involving a willing buyer and a willing seller. For the opinion to carry weight, it must be backed by credible evidence (i.e., market data).

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Part II: Understanding and Determining Fair Market Value in Canadian Appraisals

International Society of Appraisers

Notably, CCPERB does not accept fixed formulas, arbitrary ratios, or unsupported assumptions—only documented market evidence, reasoned analysis, and transparent methodologies. The CRA recommends compliance with USPAP, and CCPERB publishes a Guide on Monetary Appraisals , available on their website.

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Anxious collectors are increasingly turning to freeport havens, experts say

The Art Newspaper

We had a few cases involving important private collections accumulated over multiple generations that lacked complete provenance documentation,” Gouin says. Some collectors are actively exploring alternative jurisdictions for storage.