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Charitable Donations of Art: Maximizing Impact and Tax Benefits

JSK Fine Art Appraisals

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.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Some insurance companies include a blanket amount for artwork, and some require an independent appraisal (not done by the gallery or artist that sold you the art) for all items over $1200, $2500, or $5000. Artwork Donation: Donating artwork to museums, galleries, or charitable organizations often requires an appraisal for tax purposes.

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How Do I Get My Art Appraised?

Fine Art Estates

That is, unless you happen to know that a similar work by that artist has just sold for $25,000 at auction. If you know the artist’s name, you can use one of the auction databases (listed below) that appraisers and dealers subscribe to. The problem is, of course, how will you know that happened unless you have it appraised?

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Katja consults with collectors as well as insurance and financial advisors on the physical and financial protection of their passion investments. KZ: I’m a fan of Hilma af Klint, a Swedish artist who had a popular retrospective at the Guggenheim Museum in 2019. B: What sets Berkley One apart from the average insurer?

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How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

If you prefer in-person assessments, and are located in the greater Northwest Pennsylvania area (Cleveland to Erie to Buffalo and down to Pittsburgh), Penrose Appraisals can also provide tailored appraisal services, especially for significant occasions like insurance, charitable donations, or equitable distribution. Specialization.

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ASA Newsroom - Gems & Jewelry - Untitled Article

ASA Newsroom - Gems & Jewelry

He public art consultant. Gregory | ASA, CVA, Qualified Mediator with the MN Supreme Court | Founder | Michael Gregory Consulting, LLC Michael Gregory, ASA, CVA, is the founder of Michael Gregory Consulting, LLC. He is a highly sought after speaker, consultant, and conflict resolution expert.