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?
Based on the information provided, the artwork is an original acrylic painting by the artist Peter Max from the late 20th century. The painting is in the Pop-art style and depicts an expressionist portrait of a woman, which is a variation of "I Love the World". The artwork is signed "Max" by the artist. Therefore, I conclude that the artwork is an original painting by the listed artist, Peter Max.
As an experienced art appraiser, I used a variety of methods to determine the age of an original artwork by listed artist Peter Max, born Peter Max Finkelstein, circa late 20th century. I examined the construction of the back and frame, color palette, outer frame, painting style, and the period when the artist was active. Additionally, I took into account the signature of the artist, the subject matter, and the variation of the title "I Love the World". From my observations, I determined the painting to be in the style of Pop-art and depicting an expressionist portrait of a woman. After cross-referencing all of the evidence, I concluded that the painting was created in the late 20th century, during the period when Max was active as an artist.
Condition of the artwork
As an appraiser of fine art, I have carefully assessed the condition of this original artwork by the renowned listed artist Peter Max, created in the late 20th century in a Pop-art style. The acrylic painting is signed Max, and depicts an expressionist portrait of a woman in a variation of his iconic "I Love the World" series. Upon close inspection, I can confidently confirm that the artwork is in excellent condition with no signs of visible wear and tear. The colours are still vibrant and the artwork is free of any damage or repairs.
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 original artwork by the renowned Pop-artist, Peter Max, circa late 20th Century, is an acrylic painting depicting an Expressionist portrait of a woman. The painting is signed 'Max' and is a variation of “I Love the World” – a motif often seen in the artist’s works. Max achieved fame and recognition for his vibrant, psychedelic style that used intense colours, bold lines, and often featured iconic imagery. This painting, with its intense colours and bold lines, truly reflects Max’s signature style and is a fine example of the artist’s oeuvre. It is also a significant work in the broader art world, as it demonstrates the innovative spirit of the Pop-art movement.
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 tools for obtaining an up-to-date estimate of the fair market value of the painting, An Original Artwork by Listed Artist Peter Max (born Peter Max Finkelstein, October 19th 1937) circa late 20th Century in Pop-art Style Signed Max Acrylic Painting Depicting an Expresionist Portrait of Woman Variation of “I Love the World”. Such data provide valuable insights into how the artwork’s valuation may fluctuate due to changes in the economic and environmental factors. This information is essential for various purposes, such as insurance, estate planning, and art market analysis. Comparable sales information provides a comparison between an artwork and similar works that have been recently sold, and this data can be used to assess the artwork’s current market value. On the other hand, recent auction prices and other relevant market data allow for an analysis of the artwork’s past performance, which can reveal trends in its valuation over time. All of this data is essential for providing an accurate and up-to-date estimate of the painting’s fair market value.
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.
Investing in art can be a great way to diversify a portfolio. Art has the potential to appreciate in value over time, and it can be a source of enjoyment and cultural significance. A specific piece of artwork, such as an original painting by the late 20th century Pop-art artist Peter Max, can yield all of these benefits. Max's work often depicted expressive portraits of people, and his iconic ‘I Love the World’ series is particularly popular. Buying an original painting from the series would be a great investment, as it is likely to increase in value while also providing aesthetic and cultural value.
In conclusion, this original acrylic painting by Peter Max is highly valuable for several reasons. His reputation as a prominent Pop-art artist, combined with the historical significance of the work, makes it a sought-after piece. Its rarity also contributes to its value, as there are few other examples of this style of painting by the artist. Furthermore, this work has the potential to appreciate in value over time, making it a lucrative investment for any collector.
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
You can check my portofolio of past appraisals here:
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 original artwork by the renowned Pop-art artist Peter Max is an acrylic painting depicting an Expressionist portrait of a woman, signed Max. This stunning and unique painting is a variation of the artist's iconic expression “I Love the World”, and is sure to be a conversation piece in any home or office. With its vibrant and distinctive colors, this painting is sure to be a timeless addition to any collection. This piece of art is an original work by a listed artist, giving it a certain prestige and value. Peter Max's works are highly sought after in the art world, and this painting is the perfect opportunity to get your hands on one of his pieces. With its bold style and vibrant colors, this artwork will surely be the highlight of any art collection. Invest in this timeless classic and enjoy the lasting beauty of Peter Max's work.