Insuring and Valuation Updates in more Dynamic Markets
ValuePros Appraisal Services
MARCH 23, 2018
By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. Conversely, a low auction sale can impact a genre and other works by the artist. Insurers are keenly aware of this phenomenon and therefore, require regular valuations updates, typically, every 2-3 years.
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