Document Market Value Valuation 
Art Appraisal Resources
AUGUST 29, 2023
How do you place value on something as intricate and subjective as fine art? In this post we explore fine art valuation and appraisal, how an appraisal is conducted and the different types of art appraisals. Your appraiser will also use knowledge of recent sales of comparable works to determine the artwork’s value.
Art Appraisal Resources
AUGUST 29, 2023
In this post, we will discuss the importance of accurately valuing your art collection, the estate tax implications of art collections, and strategies for mitigating estate tax liability. Appraisers also use comparative analysis to provide a basis for estimating the artwork’s potential market value.
Art Appraisal Resources
JULY 13, 2023
An appraisal helps establish the artwork's current market value and ensures that you have the necessary documentation in case of loss, theft, or damage. On the other hand, buyers can benefit from an assessment to ensure they pay a fair price for the artwork's value.
Artifactual History Appraisal
SEPTEMBER 17, 2019
All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation. The next level is Fair Market Value.
Gemology Resources
JUNE 21, 2024
A gemological report is an authoritative document crafted by gemological laboratories to describe a diamond or colored stone's specific attributes. Identifying features unique to the diamond, including natural inclusions or specific growth patterns, are also thoroughly documented, providing a comprehensive identity profile of the stone.
Penrose Appraisals
JANUARY 2, 2025
Below that number, you can do the valuation yourself, but may have greater peace of mind if you hire an appraiser. In any case, be sure you keep proper documentation (including a copy of the appraisal report) in order to avoid audits or, worse, penalties. Ensure Fairness in Estate Planning A loved one's passing away is never easy.
Fine Art Estates
JUNE 4, 2021
Block clients, both personal and corporate, we offer either a Scheduled (agreed value form) or a Blanket (current market value form) based on a client’s situation. The Scheduled Form – The values on the schedule attached to the policy are the agreed values for coverage under the policy. For Huntington T.
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