Art Appraisal Resources
AUGUST 29, 2023
In this post we explore fine art valuation and appraisal, how an appraisal is conducted and the different types of art appraisals. How a Fine Art Appraisal is Conducted A fine art appraisal conducted by a certified appraiser starts with a thorough inspection of the artwork.
Penrose Appraisals
SEPTEMBER 27, 2022
As you may have read elsewhere on the website, the IRS has many rules when it comes to the charitable donation tax credit. (As Officially, a written appraisal is not required for items valued at below $5,000 and are required for items valued at above $20,000. Between these two amounts, appraisals are "recommended."
Art Appraisal Resources
JULY 13, 2023
Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Appraisals are crucial in the art market, providing essential information about artworks' value, authenticity, and condition.
International Society of Appraisers
JANUARY 31, 2024
1/31/2024 12:00:00 AM Hiring an ISA personal property appraiser provides many benefits. There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets.
JSK Fine Art Appraisals
MARCH 12, 2023
When individuals choose to share their art collections through charitable donations, a profound impact is felt not only within the art community but also in the broader sphere of philanthropy. The Power of Art Philanthropy: Charitable donations of art serve as a dynamic force for positive change.
Fine Art Estates
JANUARY 7, 2022
In gathering information to write this post, I was shocked to discover that anyone can legally present themselves as a personal property appraiser. There is no governmental license, proof of knowledge, or certification required to appraise personal property.
Penrose Appraisals
JANUARY 6, 2024
Do you need an appraisal? But there may be several instances in which an appraisal would be very much advised. I guess, to the extent that your situation involves paying state or federal taxes, you might actually be able to go so far as to say that an appraisal is NEEDED, lest you run afoul of the law. Charitable donation.
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