Remove Charitable Donations Remove Cost Approach Remove Coverage
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Office Hours Information from March 2025

International Society of Appraisers

This quote is in the context of IRS Publication 561, which provides guidance for determining fair market value for charitable donations; therefore, this quote must be understood within that specific context and intended use. When determining fair market value, we use the sales comparison approach to analyze comparable sales data (i.e.,

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How Do I Get My Art Appraised?

Fine Art Estates

For instance: Replacement Cost Value is used when a collector needs an appraisal for insurance coverage. An insurance appraisal seeks to provide an estimated cost of what a collector would require to make the collector whole again if their art is ever damaged or stolen. Be realistic on deadlines.