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When Might You Need a Contemporary Art Appraisal? 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.
An appraisal needs to be presented to your buyer, or, especially, the consignment gallery, auction house…etc., Having a legal and professional AppraisalReport is required if you are submitting the information to the IRS, or if the report will be viewed by an attorney or judge. that will help you Sell your Artwork.
ASA-accredited appraisers provide exceptional valuation expertise as they earn their designations only after completing a rigorous course structure and peer-evaluation process that requires years of study, experience, dedication and commitment. Two basic methods for determining jewelry value are the cost method and the comparison method.
Being able to see photographs emailed to me ahead of time by a client can reduce the client’s total project cost, alert me of the need to consult specialized reference books or outside experts, and help me assess whether the client even needs an appraisalreport at all. Tell your clients to shoot everything with a ruler in the shot.
Fortunately, there are several property appraisal organizations that set standards and self-police their membership to be sure that each member is qualified to properly appraise their field of expertise. And if the artwork has, they may even be willing to write you an updated insurance evaluation for free.
There are many reasons you might need an appraisal of personal property. Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. Your client with the large estate has just died and her personal property must be appraised.
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