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Evaluation to Valuation: Navigating Fine Art Appraisals

Art Appraisal Resources

The appraiser will assess its condition, size, materials and overall condition. Your appraiser will also use knowledge of recent sales of comparable works to determine the artwork’s value. Estate Appraisal Estate appraisals are crucial for estate tax purposes.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Appraisals are crucial in the art market, providing essential information about artworks' value, authenticity, and condition.

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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. Sales tax is not included in the calculation of fair market value, although Bidder A may have had to pay it!

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How Do I Get My Art Appraised?

Fine Art Estates

Today, with over 180 members, the ADAA has expanded its appraisal services from donation to also include estate tax, gift tax, and insurance. 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.

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Passing on Your Passion Assets

Art Peritus

Further, sales of tangible assets will be subject to capital gains taxes at a rate of 28% , whereas items bequeathed directly to heirs will not trigger estate taxes (unless they turn around and sell them). However, there are limitations to this process.

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Passing on Your Passion Assets

Art Peritus

Further, sales of tangible assets will be subject to capital gains taxes at a rate of 28% , whereas items bequeathed directly to heirs will not trigger estate taxes (unless they turn around and sell them). However, there are limitations to this process.

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A Question of Value: Reasons to Appraise Your Jewelry

Gemology Resources

A professional appraisal can also provide you with an accurate description of your jewelry and its condition, giving you an accurate assessment of its true worth giving you peace of mind that you have a full understanding of the true worth of your gems and jewels.