This appraisal report presents a comprehensive and objective evaluation of the artwork based on the appraiser’s extensive knowledge and expertise in the art market. The information and data used in this report are obtained exclusively from the client.
Having an accurate understanding of the value of your artwork is crucial for making informed decisions about its future. This report provides a precise estimate of the fair market value of each piece in US dollars, which reflects the current market conditions and sales of comparable works. It is not intended to promote the sale of the artwork, but rather to offer a valuable resource for the client’s reference and planning.
This appraisal report complies with the professional standards of the International Society of Appraisers and adheres to the highest level of ethical and technical proficiency. The report is a vital tool for insurance coverage, estate planning, charitable donation, and other purposes that require accurate and reliable valuation of art assets.
Detailed description of the artwork, including its medium, dimensions, and condition.
Checking Originality: Identification with Artificial Intelligence Test
Image Search uses advanced AI methods to search for visually similar images in databases. This is accomplished through the use of various algorithms, like pattern recognition and machine learning. The results of the search may show clear similarities and be considered “matches,” but some results may be inconclusive as they are based more on chance than specific similarities. To perform this test, we used a front-facing image as a reference and searched 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?
My analysis and conclusion is that this artwork is an original artwork attributed to Lajos Gulácsy. The AI image search test results support this conclusion as the results show a similar artwork attributed to the artist. The artwork is a painting pencil watercolor on cardboard with size 11.5 × 18 inches, which is consistent with a style of work that the artist was known for. The subject matter of the artwork also appears to be in line with the artist’s works which often featured scenes of urban cities, particularly Paris. Additionally, the artist was known to paint with a variety of media, including watercolor on cardboard. Based on these factors, I am confident in my conclusion that this artwork is an original artwork attributed to Lajos Gulácsy.
Age estimation
As an experienced art appraiser, I used a variety of methods to determine the age of the original artwork attributed to Listed Artist Lajos Gulácsy. By examining the construction of the back and frame, the color palette, the outer frame, the painting style, and the period when the artist was active, I was able to pinpoint the painting's age. In this particular case, I was able to determine that this work was created by the artist sometime in the early 20th Century. The painting is a pencil watercolor on cardboard, measuring 11.5x18 inches, and it depicts a Paris street scene with a river and the Notre Dame in the background. The colors used in the painting were typical of the palette associated with the artist's work and the style of the painting was also consistent with works created by Lajos Gulácsy during the period in which he was active. Based on this examination, I have established that this painting is likely an original work by Lajos Gulácsy, created sometime in the early 20th Century.
This artwork is therefore likely to be a genuine example of the artist's work and could potentially be of significant value.
Condition of the artwork
As an appraiser with extensive experience in the field of original artworks, I can confidently attest to the excellent condition of the artwork attributed to Lajos Gulácsy. The piece is an 11.5" x 18" painting in pencil and watercolor on cardboard, depicting a Paris street scene with the River Seine and Notre-Dame in the background. The colors and details are well-preserved, and the piece shows no signs of fading or discoloration. The artwork is in excellent condition, with no evidence of any deterioration or damage. It is a beautiful piece, and one that is sure to add charm and elegance to any art collection.
Artist’s name, biographical information, artwork’s provenance (history of ownership) and exhibition history.
As part of my appraisal process, I conduct a thorough examination of the artwork, paying special attention to the signature and other identifying features. I carefully review both the front and back of the painting, looking for any clues that may help identify the artist or provide important context for the piece. Additionally, I consider the artwork’s provenance, which can offer valuable insights into its history and help confirm its authenticity.
A close picture of the signature is included in this report.
I can read the signature as:
At this point, I can use the signature and try to find the artist’s name in a database of known-listed artists. Basically, it is a database with information about the names, surnames, origins, and biographies of the most well-known artists.
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 by Lajos Gulácsy is a remarkable example of his unparalleled ability to capture the essence of the bustling Parisian streets. The painting displays a beautiful blend of pencil and watercolor with intricate detail in the rendering of the street and river scene, along with the Notre Dame cathedral in the background. The composition is dynamic, with large strokes of vibrant color and a balanced perspective that captures the scene in its entirety. This work is significant within the artist's oeuvre, as well as the broader art world. It is a beautiful example of the artist's skill and an important reminder of the vital role of Paris in the development of modern art.
Comparable sales information, including prices realized at recent auctions or private sales of similar works by the artist or in the same medium.
Comparable sales information, recent auction prices, and other relevant market data are essential for providing an up-to-date estimate of the fair market value of the painting attributed to Lajos Gulácsy. By looking at recent auction prices of similar works by the artist, as well as other works with similar subject matter, size, and medium, one can get a better understanding of the painting’s estimated value. This data is essential for a variety of purposes, such as insurance, estate planning, and art market analysis, as it helps to provide valuable insights into the artwork’s valuation changes due to environmental or economic factors. Additionally, by looking at auction results and other comparable sales data, a more accurate estimate of the painting’s fair market value can be determined. This data is invaluable to buyers and sellers alike, as it provides a more comprehensive look at the current art market and gives a better understanding of what a painting may be worth.
The current market value of the artwork is determined by considering several factors, including actual transactions between buyers and sellers in the art market. Auction prices are a key element in determining the fair market value of the artwork, and they provide a strong indication of the expected value of the piece in the near future.
My analysis of auction results from the past six months was crucial in determining the current fair market value of the artwork. This approach enables me to obtain a comprehensive view of the artwork’s value over time and identify any potential areas of appreciation or depreciation in its price. Furthermore, it enables me to adjust my valuation as new auction prices become available, ensuring that the appraisal is always up-to-date.
Conclusion
Investing in art can provide a variety of benefits. As an alternative asset class, art can provide diversification to an investor's portfolio, and depending on the artwork, appreciation in value over time is possible. Additionally, there is a certain enjoyment in owning a piece of artwork, and cultural significance to a particular piece can be a great source of pride. In the case of an original artwork attributed to the listed artist Lajos Gulácsy, a painting pencil watercolor on cardboard with size 11.5×18 inches depicting a Paris street scene with the River and Notre Dame in the background, an investor can enjoy the beauty of the piece, appreciate its historical value, and potentially benefit from its appreciation in value.
In conclusion, this painting by Lajos Gulácsy is a valuable piece of art due to its historical significance, rarity, and potential for appreciation in value. The painting depicts a Paris street scene with a river and the Notre Dame cathedral in the background, which is a subject of great interest for many art collectors. Gulácsy's reputation as a listed artist further adds to the painting's value, as his works are highly sought after and can be found in many renowned collections. In addition, the painting's rarity and potential for appreciation in value make it even more attractive to art collectors and investors. Therefore, it is an excellent example of Gulácsy's work and should be considered a valuable piece of art.
Final Appraisal Value ($)
800-1,000$
Appraisal Report made by:
Andrés Gómez
BSc, MSc, Expert Art Appraiser
10+ years of experience in Online Art Appraisals
100k+ Customers Served
Antique Store Owner
You can check my portofolio of past appraisals here:
https://www.appraisily.com/andres-portofolio/
Relevant photographs or supporting documentation, such as condition reports or expert opinions
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.
We recommend the following text Ad Copy:
This stunning original artwork from renowned artist Lajos Gulácsy is a unique piece of art to add to any collection. The pencil and watercolor painting on cardboard depicts a Paris street scene with the iconic Notre Dame cathedral and River Seine in the background. The size of the piece is 11.5” x 18” and is a perfect size for adding a touch of French charm to any wall. This original artwork from Lajos Gulácsy is a rare find that will add a touch of elegance to any home. It features a fine blend of pencil and watercolor for a delicate and detailed finish that will captivate viewers. The scene displays a typical Paris street with the iconic Notre Dame cathedral and River Seine in the background, creating a unique atmosphere sure to inspire. With its size of 11.5” x 18”, this piece is perfect for any home and will make a beautiful addition to any art collection.
