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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

With the arrival of colder temps and shorter days, we can't help but realize that the year will soon be drawing to a close. And for many, the end of the year often means thoughts of charitable giving. But if you are considering donations of tangible goods, especially high-value tangible goods, then read on.

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

KZ: I’m a fan of Hilma af Klint, a Swedish artist who had a popular retrospective at the Guggenheim Museum in 2019. Appraisals are important not only to make certain you are appropriately insured, but it can also help you make smart decisions about charitable donations, gifts to family members or making the decision to sell the work.

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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?