Art Appraisals
Art appraisals serve a range of purposes and require distinct approaches depending on the intended use.
Professional appraisal reports are prepared, for example, for insurance purposes, tax-related matters, estate planning or collection management.
The valuation of a work of art is based on a systematic analysis of the relevant art market combined with a careful examination of object-specific factors such as quality, provenance, condition, exhibition history and comparable market transactions.
Appraisals are prepared in accordance with internationally recognized professional standards, including the Uniform Standards of Professional Appraisal Practice (USPAP) and other established guidelines. The objective of each appraisal is a transparent, well-founded and credible assessment of the value of a work of art or a collection.
Depending on the purpose of the valuation, different definitions of value and methodologies apply.
Insurance Appraisals
(Insurance / Retail Replacement Value Appraisals)
Insurance appraisals determine the value required to replace a work of art in the event of loss or damage.
They are typically based on retail replacement value and ensure that insurance coverage reflects current market conditions.
→ Learn more about Insurance Appraisals
Fair Market Value Appraisals
(Market Value Appraisals)
Fair Market Value appraisals establish the price at which a work of art would change hands under normal market conditions between informed and willing parties.
They are commonly required for tax, estate and financial reporting purposes.
→ Learn more about Fair Market Value Appraisal
Estate & Gift Appraisals
(Inheritance, Gifts & Taxation)
Estate and gift appraisals determine the fair market value of artworks in the context of asset transfers, including inheritance, gifts and charitable donations.
They are essential for tax reporting and require a well-supported and defensible valuation.
→ Learn more about Estate & Gift Appraisals
Collection Appraisals
Collection appraisals involve the structured valuation of groups of artworks, providing a comprehensive overview of value, composition and market positioning.
They are typically required for insurance inventories, wealth reporting, estate planning and strategic collection management.
Collection appraisals may also serve as a basis for specific use cases such as loans, exhibitions or rental arrangements, including the determination of appropriate loan or rental fees.
International Appraisal Standards
• Certified Member of the Appraisers Association of America (AAA)
• Certified Art Expert in accordance with ISO/IEC 17024 (SEC 02.1)
• Appraisals developed and reported in full compliance with USPAP
• Valuations supported by international market analysis and comparable sales data
• Independent advisory and appraisal services for collectors, institutions and family offices