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Fine Art Prints vs. Reproductions By Noelle DeSantis and Sarah Kirk Hanley Have you ever wondered why two seemingly identical prints by the same artist can have vastly different price tags? Among numerous factors, it is often the manner in which the print was produced that plays the most pivotal role in determining its value.
Have you ever wondered why two seemingly identical prints by the same artist can have vastly different price tags? Among numerous factors, it is often the manner in which the print was produced that plays the most pivotal role in determining its value.
Protective Measures For fine paintings, prints, and photographs, museum-grade framing is essential. Ensure Comprehensive Documentation & Appraisals Regularly update appraisals every 3 years to ensure proper valuation in case of loss or damage.
This usually ends with a printed document that describes the piece and assigns a price or range of prices that represent the expert’s best value estimate. However, this means that the policy must be adjusted every two years or so to reflect current retail market value and requires fairly regular re-appraisal for accurate re-valuation.
Valuation is based on replacement cost at the time of purchase, not current market value if bought now or its sentimental worth. Professionals are advised to consult with an accountant to understand the specific tax implications and requirements for their unique business situation.
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