Penrose Appraisals

SEPTEMBER 27, 2022

But if you are considering donations of tangible goods, especially high-value tangible goods, then read on. As you may have read elsewhere on the website, the IRS has many rules when it comes to the charitable donation tax credit. (As Let's say you have decided to donate a painting to your alma mater.

Charitable Donations 52

Charitable Donations Appraiser/appraisal Antiques and Decorative Arts Market Value 52

Fine Art Estates

JANUARY 7, 2022

Over the years, I have spent a lot of time on the phone trying to help people determine if the painting they found in a garage sale is worth anything. I took no pleasure in having to explain that they had one of the many reproductions of the painting and their hopes of having won the art lottery was only a lovely dream.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130

International Society of Appraisers

MARCH 14, 2025

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. Descriptions/Identification (authentic, age, provenance, dimensions, etc.)

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52