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

Artifactual History Appraisal

While it might be possible to scour the auction market for years searching for an offering similar to the lost item and then obtain that item at a much lower price, this is not the function of insurance coverage. The next level is Fair Market Value. That $400 is called the hammer price, referencing the tradition of the wooden gavel.

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How Do I Get My Art Appraised?

Fine Art Estates

If you did not acquire the artwork through a gallery and cannot find similar works online, you may need to take the work, or send photo’s, to an auction house and tell them you are interested in selling the work. They gather information from over 979 auction houses from around the world.