article thumbnail

The Art of Appraisals: Understanding their Vital Role in Insurance

Art Appraisal Resources

Understanding Art Appraisals An art appraisal is a professional evaluation of the monetary value, authenticity, and condition of an artwork. Determining Insurance Coverage Art appraisals play a crucial role in establishing the appropriate insurance coverage for your valuable artworks by determining their accurate and up-to-date market value.

article thumbnail

The Importance of Contemporary Art Appraisals

Art Appraisal Resources

An appraisal performed by a certified art appraiser helps the purchaser gauge the artwork's fair market value and authenticity before finalizing the acquisition. Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage.

article thumbnail

$30 Purchase Worth $10,000,000!

Art Appraisal Resources

Ultimately, the journey to authenticate this piece involved the eye of a seasoned and experienced art collector to champion the process. The authentication process can be a very daunting prospect, but we help many clients through this process after we have deemed the work worthy of that prospect.

article thumbnail

CCG Acquires JSA in Blockbuster Deal

WorthPoint

Certified Collectibles Group recently announced its acquisition of James Spence Authentication. In this case, the offshoot memorabilia world is making headlines as the Certified Collectibles Group (CCG) announced its acquisition of James Spence Authentication (JSA). Established in 2005 by James Spence Jr.,

article thumbnail

What Documentation Do I Need for a Jewelry Appraisal

Buckhead Jewelry Appraisers

Documentation that provides information about the item's history, previous owners, or any notable events can enhance its value and authenticity. Insurance Purposes: Insurance companies often require detailed documentation for jewelry appraisals to determine coverage amounts and premiums accurately.

article thumbnail

How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Appraisals are crucial in the art market, providing essential information about artworks' value, authenticity, and condition. Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums. It is estimated that 50% of the art in the market is fake.

article thumbnail

What Are the Different Types of Jewelry Appraisals

Buckhead Jewelry Appraisers

Whether it's a family heirloom passed down through generations or a recent acquisition, knowing it's worth not only provides peace of mind but also serves practical purposes such as insurance coverage, resale considerations, and estate planning. This is where jewelry appraisals come into play.