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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 equitabledistribution. In this article, we will explore the key indicators that suggest you may need an art appraisal.
This article seeks to provide some simple steps you can follow to connect with reputable local appraisers. Here, the appraiser may need to consult online subscription databases, communicate with dealers, and/or conduct other research in order to uncover the needed information. Market value determination. Charitable contributions.
Christine Guernsey, a professional appraiser whose interview appears in Part 3 of this article, indicated that a professional written appraisal of a single artwork would at a minimum cost $450 and would more realistically cost between $600 and $800. Names of who I consulted with are listed in the bibliography.
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