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.
JSK Fine Art Appraisals
MARCH 12, 2023
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Art Appraisal Resources
AUGUST 29, 2023
The appraiser will then research the artist, provenance, exhibition history and market trends related to the artwork and similar pieces. Charitable Donation Appraisal When someone donates art to a museum or other nonprofit organization, a donation appraisal establishes the fair market value of the donated item.
Art Advisor's Blog
DECEMBER 2, 2020
The appraisal can be done at any time after the donation is accepted up until the filing of your taxes for the year. If the appraiser is called first, the appraisal for charitable donation is only valid for six weeks prior to a donation being made. Others have a broader scope of items they will consider.
Art Appraisal Resources
JULY 13, 2023
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.
Fine Art Estates
JANUARY 7, 2022
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?
Coronado Appraisal
APRIL 5, 2024
You need to find your painting, your artist, or the comparables for your type of art…such as, ‘School of French Impressionists’, or ‘the Drip School’, etc.? It can become confusing trying to find your exact artist or comparable in order to figure out what it is that you own. This is not always the case.)
Expert insights. Personalized for you.
52 
Let's personalize your content