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| Why seek an appraisal? The most obvious reason that anyone would want an appraisal is for insurance purposes. You would want to insure the work for its replacement value so that in case of theft, fire, or loss due to other reasons you could replace it. Usually your appraiser will place the same value on it as the purchase price. It is very important to keep all of your sales receipts to prove the purchase price. As with everything there is an exception to this kind of appraisal. If the artist has become famous and his/her work in high demand, the value of your piece will have increased. Keeping this in mind it is important to have your collection revalued every few years to make sure that your insurance coverage has kept pace with the increase in the price of the artist's works. As the owner of original artwork you might want to have it appraised for estate purposes, or to donate to a museum or nonprofit organization. In these cases the appraisal would be for tax purposes. So......How Much Is Your Art Worth? WE all buy art that we love! With every purchase we vow that we love the piece so much that it will always be a part of our collection. Like everything else in life, times change as do circumstances. At some point your collection might take a different direction and works that you bought early in your career as a collector no longer "fit". You might be nearing retirement age and have decided to downsize your collection, or you might need to sell a few pieces for economic reasons. These again are valid reasons to have an appraisal of your work done. In order to get top dollar for your art you need to know what it is worth and you need to let potential buyers know what it is worth! Another reason to determine the value of your work is for your own peace of mind. You bought a piece of work by an unknown artist or you bought a work by a known artist and you want to know its value. Where Should You Go For An Appraisal? That pretty much depends on the reason that you need the appraisal. If you are doing this for insurance appraisal or for resale, or estate purposes then you need to find a professional qualified appraiser. There are many online appraisal sites that are very cost effective. E- MailAppraisals.com is one such site. You can fine the link for it in the column to the left. Your local art galleries, your insurance agent or your estate attorney will be able to recommend a good fine art appraiser in your area. But what if you don't want to know the value of your art work for any of the above reasons? What if you're just curious? ArtPrice.com is the resource that many appraisers, auction houses, and collectors use to arrive at a general valuation. Some aspects of ArtPrice.com are free to use, and for a small fee a collector can access biographies, auction records, signatures, and more. You can research ArtPrice.com and sign up for an account using the link at the top of this page. ArtPrice.com is one of the best tools that a collector or art lover can have at his or her finger tips. What Should An Appraisal Include? An appraisal should include the following:
Subscribe To Our Monthly E-Zine Now Don't miss one copy of our new E-Zine for art collectors. The first issue will be emailed in August. Read articles by collectors who share their secrets with you for finding the best art by the best artists today. Get advice on how to store, frame and conserve your artwork. Each issue offers a different topic important to building a great collection. |
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| Now you can search artists' Biographies, auctions, signatures, and more just like auction houses and professional appraisers on ArtPrice.com! "I highly recommend Art Price" Ruth Robertson Artist, Art Dealer, Appraiser |
| Mona Lisa by Ruth Robertson c 2006 |
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from and against any and all liability,
claims, judgments, attorney's fees and costs, of
every kind and nature, including, but not limited to,
injuries or death to persons and damage to
property, arising out of the use, maintenance,
instruction, operation, possession, ownership of
anything entered into as a result of their visit to a linked website or advertising found on this site.
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