This appraisal report provides a comprehensive and impartial evaluation of your artwork, leveraging the appraiser's extensive expertise and experience within the art market. All information and insights presented in this assessment are exclusively derived from the materials supplied by the client.
Accurately understanding the value of your artwork is crucial for making informed decisions about its future. This report delivers a precise estimate of the fair market value for each piece, denominated in US dollars, and reflects current market trends as well as the transactional value of comparable works. It is important to note that this document is not intended to promote the sale of the artwork; instead, it serves as a valuable reference for the client's personal use and strategic planning.
This appraisal strictly complies with the professional standards established by the International Society of Appraisers, ensuring the highest levels of ethical and technical accuracy. The report is an essential tool for insurance purposes, estate planning, charitable contributions, and other activities that require precise and reliable art valuation.
Effective Date of Valuation
January 22, 2025Item Image Analysis
Visual Comparisons: Similar Items Identified
For this appraisal, we have employed Google Vision to perform a comparative image analysis. The process commenced with the submission of the artwork's primary frontal image—the most detailed and comprehensive view—to Google Vision's database. This initial image serves as the foundation for the subsequent analysis.
The objective of this image analysis is twofold. First, we seek to identify artworks that bear a visual resemblance to the piece under appraisal. By pinpointing similar artworks, we can gain valuable insights into the style, period, and potential influences that may be present in the artwork being evaluated.
Second, this process assists in determining the artwork's uniqueness and its positioning within the art market. Similarities to recognized works can indicate the artwork's alignment with specific artistic movements or periods, while distinctive features may underscore its individuality and potential rarity.
Item Type Determination: Insights and Expertise
Estimation of Item Age
Methodology for Determining the Item’s Age
Findings: Material and Stylistic Analysis
Item Condition Assessment
Creator (or Maker) Profile and Object History
Mark or Signature Analysis
This section presents a comprehensive profile of the artist, including a biographical overview that highlights key moments and stylistic developments throughout their career. An examination of the artwork's provenance follows, tracing its ownership history to verify its authenticity and enhance its estimated value. Additionally, the history of exhibitions enriches the narrative, documenting the piece's critical reception and its standing within the art community. By integrating biographical details, provenance, and exhibition history, we obtain a nuanced understanding of the artwork's place within the artist's oeuvre and its significance in the art market. Accompanying this analysis is a detailed review of the artist's signature, as captured in the provided image, which is interpreted as follows:
In this phase, I analyze the signature to identify the artist. This involves cross-referencing it with a meticulously curated database containing information on notable artists, including their names, backgrounds, and key biographical details. This database serves as an essential tool in accurately establishing the artist’s identity.
Item Analysis: Style and Context
Authorship or Maker
Valuation Methodology: Assessing the Item’s Value
The current market value of the artwork is primarily determined by recent sales and auction results within the art market. These transactions provide a clear indicator of the artwork's value, reflecting its potential future worth.
In assessing this value, I have analyzed auction results from the past six months. This approach offers insights into the artwork's value trends, enabling an accurate appraisal that adapts to market fluctuations and remains current.
Conclusion
Final Appraisal Value (USD)
53000 USD
Auction Market Insights
Appraisal Report Conducted by:
Andrés Gómez
BSc, MSc, Accredited Art Appraiser
Over a Decade of Expertise in Online Art Appraisals
Served Over 100,000 Clients
Proprietor of Renowned Antique Establishment
Explore my extensive portfolio of past appraisals here:
https://resources.appraisily.com/andres-portofolio/
This Appraisal in a Nutshell
Client-Provided Imagery for Appraisal Analysis
Appraisal Process and Appraiser Qualification Summary
The mark-to-market art appraisal is a pivotal methodology for determining an artwork's current market value. This approach requires the appraiser to consider various factors, including market trends, the artwork’s condition and age, and the artist's reputation within the art community. By integrating these elements, a mark-to-market appraisal delivers an accurate estimate of the artwork's value.
A key factor in this process is the artist's reputation, evaluated through their exhibition history, awards, and other notable achievements. This information aids in predicting the artwork's potential value trajectory. Additionally, a thorough assessment of the artwork’s condition is essential, as any wear or damage can significantly impact its resale value.
Mark-to-market appraisals involve analyzing current art market trends and recent sales of similar artworks, providing a contemporary valuation. This comprehensive approach ensures fair pricing in art transactions by accurately reflecting the current market environment.
For insurance replacement appraisals, the mark-to-market method precisely estimates replacement costs for lost or damaged artworks, guiding insurance reimbursements. This ensures equitable compensation for policyholders and prevents overpayment in insurance claims.
The appraisal process entails an exhaustive analysis, considering the artwork's condition, rarity, demand, and market prices. The inclusion of detailed photographs and descriptions supports the appraiser in identifying any factors that could influence the valuation. This information facilitates a swift, efficient, and accurate appraisal process.
Statement of Liability and Conflict of Interest
Our art appraisals are conducted by professionals with specialized knowledge and extensive experience in art valuation. Our appraisers meet stringent educational and professional standards, ensuring expertise in art research, evaluation, and market trend analysis. Our appraisals aim to provide objective value estimates of art for insurance, tax, estate planning, or sales purposes.
We prioritize fairness and impartiality in our appraisals by charging a flat fee, rather than a percentage of the artwork’s value, thereby avoiding any potential conflicts of interest. Our reports adhere to the Uniform Standards of Professional Appraisal Practice (USPAP) set by the Appraisal Foundation, ensuring that our appraisals are ethical, of the highest quality, and legally defensible.
Risk Assessment and Recommendations
To assist you in selling your artwork, we provide a comprehensive guide available here. This guide offers structured steps and best practices for successfully navigating the art market.
This customized ad copy is designed to highlight the unique features and value of your artwork, aiming to attract potential buyers and facilitate a successful sale.