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The Importance of Provenance in Art Appraisal

JSK Fine Art Appraisals

Provenance, the documented history of an artwork’s ownership, is a cornerstone of art appraisal that adds layers of significance to the valuation process. In this blog post, we delve into the crucial role of provenance and its impact on the appraisal of fine art.

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What Does An Appraiser Do, Anyway?

Penrose Appraisals

A generalist appraiser has to value everting from coffee makers to oriental rugs to Russian teacups to antique spinning wheels. It may require research, as when faced with unknown maker's marks on the bottom of a piece of pottery. Also, it can sometimes uncover particularly interesting details about the item's provenance.

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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 can also assist in establishing provenance, which can significantly impact the value of the artwork.

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Common Myths About Art Appraisal Debunked

JSK Fine Art Appraisals

Authentication involves verifying the legitimacy of an artwork, a distinct process often undertaken by experts in the artist’s oeuvre. Understanding an artwork’s value aids in insurance coverage, estate planning, and equitable distribution. Some assume that once appraised, an artwork’s value remains fixed.

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How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

If you prefer in-person assessments, and are located in the greater Northwest Pennsylvania area (Cleveland to Erie to Buffalo and down to Pittsburgh), Penrose Appraisals can also provide tailored appraisal services, especially for significant occasions like insurance, charitable donations, or equitable distribution. Examination.

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How Do I Get My Art Appraised?

Fine Art Estates

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?