Remove Charitable Donations Remove Insurance Policy Remove Maker/Artist
article thumbnail

How To Determine If You Need An Art Appraisal

Art Appraisal Resources

You should check with your insurance provider to see what is and is not covered by your homeowners or rental insurance policy. Each insurance carrier has a different policy and requirements, so it is always a good idea to check with them first. It is estimated that 50% of the art in the market is fake.

article thumbnail

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. Examination.

article thumbnail

What Kind of Appraisal?

Drishti LLC Appraisers

For insurance purposes, the appraisal report is written for replacement value. For one-of-a-kind artworks, the basis for comparables is usually other works by the same artist, or artwork of similar renown, age, materials and genre. CHARITABLE DONATIONS Fair Market Value is also used for non-cash contributions.

article thumbnail

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.