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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

Art Acquisitions Art collectors, museums, galleries, and private individuals interested in purchasing contemporary Paintings, Sculpture, Photography, or Fine Art Prints might seek an appraisal to ensure they make an informed investment.

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

Artifactual History Appraisal

I’ve written this basic guide as an introduction to the different levels of value so that users of appraisal services will be able to better determine what sort of appraisal reports would best suit their needs. The next level is Fair Market Value. Source: Treasury Regulations Sections 1.170A-1 (c) (2)].

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What Kind of Appraisal?

Drishti LLC Appraisers

For example, a client cannot use a restricted appraisal as a basis for a sales price with an auction house or antique dealer. SAFEGUARDING YOUR COLLECTION A full appraisal report can be shared with specified entities, such as an insurance company, a lawyer or legal firm, accountant or anyone specified in the contract.

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How Do I Get My Art Appraised?

Fine Art Estates

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. They gather information from over 979 auction houses from around the world.