This art appraisal report offers an in-depth and impartial assessment of the artwork in question, grounded in the appraiser’s expertise and familiarity with the art market. All the information and data analyzed in this report is sourced solely from the client.
Having a clear understanding of the value of your artwork is crucial in making informed decisions about its future. This report provides a precise estimate of the value of each piece. It is not intended to encourage the sale of the artwork, but rather to provide valuable information on how to proceed should the client decide to do so in the future.
Detailed description of the artwork, including its medium, dimensions, and condition.
Checking Originality: Identification with Artificial Intelligence Test
In the quest to identify a match, Image Search employs advanced AI techniques to scour databases of images in order to find visually similar images. This is achieved through the use of various algorithms such as pattern recognition and machine learning. While some results may be considered as “matches” due to a clear similarity, other results may be inconclusive as they rely more on chance rather than any specific similarities. To conduct this test, a front-facing image was used as a reference to search for similar images on the internet.
The results of the automatic recognition are not conclusive. If a match is found, it will be shown below:
What specific information can we obtain from this test?
The algorithm found an exact match. This result is associated with prints, either regular or limited edition prints, that were hand signed by the original artist of this piece of art. It’s important to determine what type you have, so I need to go through the research and inspection process.
This is a A Fine Quality Patrick Nagel (November 25, 1945 – February 4, 1984) Commemoration Limited Edtion Print Hand Signed and Numbered edition CN2.
In order to accurately determine the age of the painting in question, A Fine Quality Patrick Nagel (November 25, 1945 – February 4, 1984) Commemoration Limited Edtion Print Hand Signed and Numbered, one must look to the frame construction, color palette used, and any other characteristic that can provide a clue about its origin. For example, the frame construction can provide an estimate of when the painting was created. If it has an ornate, gilded frame, it is likely from an older era, while a more modern, sleek frame could indicate a more recent creation. Similarly, the color palette used could provide a clue as to the painting's age. If the colors are muted, earthy tones, it could be from an older era, while brighter, more vivid colors could indicate a more modern painting. Additionally, any other characteristic that could provide a clue about the painting's origin and age could be taken into consideration. In this case, the painting's limited edition status and the fact that it is hand signed and numbered by Patrick Nagel could indicate that it was created more recently, as Patrick Nagel died in 1984. Therefore, by considering the frame construction, color palette used, and other characteristics, one can accurately determine the age of this painting.
Based on this information and the pictures provided, I can estimate this artwork (prints) was made circa late 20th Century.
Condition of the artwork
This painting, a Fine Quality Patrick Nagel Commemoration Limited Edition Print Hand Signed and Numbered, is in excellent condition with no restoration needed. There are no appreciable damages, and if any exist, they are minimal. This is a fine example of a Patrick Nagel painting, which is highly sought after for its unique and iconic style. This particular piece is a collectors item, due to its limited edition status, making it an even more prized possession. It is a testament to the skill and craftsmanship of the artist and is a lasting tribute to his legacy.
Artist’s name, biographical information, artwork’s provenance (history of ownership) and exhibition history.
I study and research the signature of artwork to see if it matches any known signatures. As the artworks have already been identified, I don’t think a careful study of the signature is needed. The artist is perfectly identified and I don’t have any doubt about the artist’s name and type of artwork.
Detailed analysis of the artwork’s style, subject matter, and significance within the artist’s oeuvre and the broader art world.
I can check if the style and type of painting match those of the artist referenced.
This painting has a unique artistic style featuring strong graphic lines and bright, contrasting colors. Its composition is bold and dynamic with a focus on capturing the essence of the subject matter. The artist also incorporates a sense of movement and energy by emphasizing curves and diagonals. The subject matter is rendered with a high level of detail and the print is hand signed and numbered, making it a fine quality Patrick Nagel commemoration limited edition piece.
Comparable sales information, including prices realized at recent auctions or private sales of similar works by the artist or in the same medium.
In order to provide an up-to-date estimate of the fair market value for the Patrick Nagel (November 25, 1945 – February 4, 1984) Commemoration Limited Edtion Print Hand Signed and Numbered, I utilized the data collected, including auction prices and other relevant market information. This is crucial as it can be used in various contexts such as insurance, estate planning, and art market analysis. It also offers a valuable insight into how the valuation of the artwork may have changed due to environmental or economic factors related to the specific artist's work.
The auction prices were a significant factor in determining the current market value of the artwork, as they are based on actual transactions between buyers and sellers in the art market. As such, they are a strong indicator of the expected value of the piece in the near future.
By analyzing auction results from the last 6 months, I was able to accurately determine the current fair market value of the artwork. This approach provides a comprehensive view of how the value has changed over time and gives insight into any potential areas of appreciation or depreciation in its price. Additionally, it allows me to adjust my valuation as new auction prices become available.
Investing in art can be a great way to diversify your portfolio and add a unique touch to your home. Whereas stocks and bonds can be volatile, artwork can offer a more stable investment with the potential for appreciation in value. In addition, artwork can provide a sense of satisfaction that is hard to come by when investing in the stock market. Buying a piece of artwork can be a great way to show off your personal style and creative eye. Plus, art can make a great conversation starter and can be passed down through generations. With the right piece of artwork, you can add both value and character to your home.
This painting can be considered valuable by the art market because it is a limited edition print of a work by the iconic American artist Patrick Nagel. It is hand signed and numbered, which are both indications of authenticity, making it a desirable item for collectors. Moreover, Nagel's work has consistently proven to be very popular in the art market, with his pieces regularly achieving high prices at auction.
Summary of all the prints appraised in this report
|Patrick Nagel Commemoration Limited Edtion|
|Print #||# of Copies||Individual Appraisal Value||Total|
Final Appraisal Value ($)
Appraisal Report made by:
BSc, MSc, Expert Art Appraiser
10+ years of experience in Online Art Appraisals
100k+ Customers Served
Antique Store Owner
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A detailed summary of the appraisal process and the appraiser’s qualifications.
Mark-to-market art appraisal is a vital method for determining the current value of a piece of artwork. This form of valuation requires an appraiser to consider various factors, such as market conditions, the condition and age of the artwork, and the artist’s reputation. By taking all these elements into account, a mark-to-market art appraisal delivers an accurate assessment of a piece of artwork’s current market value.
The artist’s reputation, as determined by their track record in gallery and museum shows, awards, and other accomplishments, is also considered in mark-to-market art appraisal. Appraisers use this information to determine if the value of a piece is likely to increase or decrease over time. Additionally, they will inspect the condition of the artwork and note any signs of wear or damage that might affect its future resale value.
When performing mark-to-market art appraisals, appraisers also consider market conditions by researching current art market trends and comparable works that have recently sold. This information is used to provide an estimate of a piece’s worth at that point in time. By considering all of these factors, mark-to-market art appraisal is able to give a reliable indication of the current value of a work. This kind of valuation can also ensure fair prices are paid and received when buying or selling art.
In summary, mark-to-market art appraisal is a crucial tool for determining the true value of a piece of artwork, enabling buyers, sellers, and appraisers to make informed decisions regarding its worth. It takes into account multiple aspects to provide an accurate assessment of the current market value of a work. This information can be used to ensure that buyers and sellers are getting a fair price for the artwork, and that the appraiser’s valuation is up-to-date and reflective of current market conditions.
In the case of insurance replacement appraisals, mark-to-market art appraisals can also be used to accurately estimate the cost of replacing a lost or damaged artwork. The current value, as determined by the appraisal, is then used to determine the amount that the insurance company will pay back to the policyholder. This way, policyholders can rest assured that they will receive an appropriate sum for any artwork that needs to be replaced due to accidental damage or theft. Additionally, this kind of valuation helps insurers ensure they are not being overcharged when artwork needs to be replaced as part of a claim settlement.
The appraisal process is a thorough evaluation of the item or items in question. It involves researching and analyzing the information provided by the requester in order to provide an accurate estimate of its value. The appraiser takes into account factors such as condition, rarity, demand, and market prices. Photographs and detailed descriptions are especially important when providing an appraisal, since they help the appraiser identify any potential flaws or defects that could affect the item’s worth. By using all the resources that are available, an evaluation can be done quickly, efficiently, and with a high level of accuracy.
A statement of the appraiser’s liability and any potential conflicts of interest.
A qualified art appraisal, also known as a formal written evaluation, is a professional assessment of the monetary value of a piece of art by an individual who has specialized knowledge, expertise, and training in the field of art appraisal. This person must meet certain educational and professional requirements, including experience in researching and evaluating art, as well as knowledge of the art market and current market trends. The purpose of a qualified art appraisal is to provide an objective and unbiased opinion of the value of a piece of art for various purposes, including insurance claims, tax planning, estate planning, or to help determine a fair price for a sale or purchase.
We are committed to providing our clients with the most accurate and unbiased appraisal reports. To ensure impartiality, we adopt a flat rate, fixed fee structure for all appraisals, instead of a percentage-based fee. This eliminates any potential conflicts of interest between the art appraiser and the final report value. Our appraisal reports are in compliance with the Appraisal Foundation’s USPAP (Uniform Standards of Professional Appraisal Practice) standards and guidelines, which are widely accepted as the ethical and performance standards for appraisers. This guarantees that our reports are of high quality and legally defensible.
How to sell this artwork.
We have a structured guide to help you sell your artwork, you can find it here.