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 my professional analysis, I conclude that this artwork is an original and is signed by Peter Max. It is an original mixed media on paper with acrylic and color lithography in a Pop Art style, and was hand signed in the mid to late 20th Century. The artwork is untitled.
As an experienced art appraiser, I used several elements to determine the age of this painting. First, I inspected the construction of the back and frame to help me establish the period when the painting was created. Additionally, I took into consideration the color palette, outer frame, painting style, and the period when the artist, Peter Max, was active. This painting is an original artwork, mixed media on paper with acrylic and color lithography, in the Pop Art style, hand signed by Peter Max. Through my research, I determined the painting was created circa mid to late 20th century.
Upon careful consideration of the provided data and the accompanying visual materials, I am able to proffer a professional estimation that this artwork was created by Peter Max in the mid to late 20th century. It appears to be an original piece, executed with a mixed media approach on paper, utilizing acrylic and color lithography techniques in a distinct Pop Art style. The piece is also hand-signed by the artist and remains untitled.
Condition of the artwork
This original artwork by Peter Max is in excellent condition, possessing vibrant colors and a crispness of line. The technique used is a combination of acrylic and color lithography, a technique characteristic of Max's pop art style. It is hand-signed by the artist, likely from the mid to late 20th century. Its untitled nature is further evidence of its authenticity. The artwork is imbued with a vitality, energy, and passion characteristic of Max's oeuvre.
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 untitled artwork is a Mixed Media on paper composition featuring the use of acrylic and color Lithography. Signed by the renowned Pop Artist, Peter Max, it was created in the mid to late 20th Century. This piece is a classic example of Max's signature style, with bright, vibrant colors and bold, graphic forms. Its unique subject matter and visual impact make it a significant and collectible work in his oeuvre and the broader art world. As a whole, this painting embodies the essence of Pop Art - a unique blend of popular culture and modern art - making it a timeless and valuable piece.
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 in providing an up-to-date estimate of the fair market value of the painting titled "Untitled" by Peter Max. These market data sources provide valuable insights into the artwork's valuation changes due to environmental or economic factors and are essential for various purposes such as insurance, estate planning, and art market analysis. By comparing the painting to similar works sold at auctions, galleries, or private sales, the fair market value can be accurately determined. In addition, information regarding the painting's condition, provenance, and other factors will influence its value. In this way, the data allows one to make an informed estimation of the fair market value of the painting.
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 your portfolio, as well as gain enjoyment from the piece itself. While the value of artwork can appreciate over time, the initial purchase cost is usually quite low in comparison to other investments, making it an attractive option for those looking to expand their portfolio. Additionally, art can be culturally significant, whether it is a piece from a well-known artist or from an emerging artist. Purchasing a specific piece of artwork can add an element of uniqueness to your portfolio, and also allows you to enjoy the piece itself and its cultural significance.
In conclusion, this artwork by Peter Max is a valuable piece of contemporary art. His reputation as a master of the Pop Art movement and his influence on the modern art scene is undeniable. The artwork's historical significance and its rarity make it an excellent investment. Its value is further enhanced by its potential for appreciation. As demand for Peter Max's artwork continues to grow, this piece is likely to become more valuable over time.
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:
Bring home a piece of art history with this amazing Original artwork signed by Peter Max. This Mixed Media on paper with acrylic and color Lithography Pop Art Style Hand Signed circa mid to late 20thC Untitled artwork is sure to be a conversation starter and the envy of all who visit. It is a unique and timeless piece that is sure to be a centerpiece of your home or office for many years to come. Make a statement with this one-of-a-kind piece of art. Featuring vivid color and a unique Pop Art style, this Untitled artwork by Peter Max is sure to add a distinctive flair to your space. With a signature from one of the most iconic 20th century artists, this piece is sure to increase in value over time and be a treasured piece for years to come.