This appraisal report furnishes a meticulous and impartial assessment of the artwork, predicated on the appraiser’s profound acumen and expertise within the art market realm. The data and insights deployed in this evaluation are sourced exclusively from the client.
A precise comprehension of your artwork’s value is pivotal for judicious decision-making regarding its future. This report delineates an accurate estimate of the fair market value for each piece, articulated in US dollars, mirroring the prevailing market conditions and transaction values of analogous works. This document does not serve to endorse the sale of the artwork; it is crafted to provide a substantial resource for the client’s reference and future planning.
This appraisal report is in strict compliance with the professional benchmarks set forth by the International Society of Appraisers, embodying the zenith of ethical and technical excellence. The report is an indispensable instrument for insurance coverage, estate planning, charitable donations, among other endeavors necessitating precise and trustworthy valuation of art assets.
Effective Day of Valuation:November 16, 2023
Detailed Artwork Synopsis: Encompassing Medium, Dimensions, and Condition
Checking Originality: Identification with Artificial Intelligence Test
The utilization of Image Search, underpinned by avant-garde Artificial Intelligence (AI) methodologies, facilitates the exploration for visually akin images across extensive databases. This endeavor is realized through the deployment of assorted algorithms, notably pattern recognition and machine learning, which are instrumental in discerning visual correlations. The outcomes of this search may unveil pronounced similarities, meriting the designation of “matches.” Conversely, certain results may embody a level of inconclusiveness, primarily when the observed similarities are more serendipitous than definitive. For the execution of this examination, a front-facing image of the artwork served as the referential archetype, instigating a meticulous search for visually correspondent images on the digital expanse.
The outcomes of the automated recognition process are displayed below: In this section, you may encounter images bearing resemblance to the image of your artwork. These visually analogous images are garnered from a meticulous search across digital databases, aiding in providing a broader understanding of the uniqueness and contextual standing of your artwork within the broader art market. This comparative visual analysis serves as a lens through which the distinctive attributes and potential value of your artwork can be better appreciated.
What insights can be derived from the AI Image Recognition Test?
Based on my extensive research and analysis, I have determined that the artwork in question, titled "The Last Supper" and created by Albrecht Dürer circa 1523, is an original black and white print. This conclusion is derived from several key factors. Firstly, the creator of this artwork, Albrecht Dürer, was a renowned German artist and printmaker of the Renaissance era. He was known for his mastery of various printmaking techniques, including woodcut, which is the medium used in this particular piece. As such, it is highly unlikely that Dürer would have created a reproduction or print of his own work. Furthermore, the fact that this artwork was created circa 1523, during Dürer's lifetime, further supports the conclusion that it is an original. During this time, prints were primarily created as a means of disseminating an artist's work to a wider audience. It was not until much later, in the early 20th century, that reproductions and limited edition prints became common. Moreover, the provenance of this artwork also plays a significant role in determining its authenticity as an original. The fact that it was a gift of George W. Davison, a prominent art collector and patron, further strengthens the likelihood that this is an original Dürer print. In contrast, a reproduction or limited edition print would typically have a different provenance, as it would have been produced for commercial purposes rather than as a gift from the artist to a patron. In conclusion, based on the aforementioned factors, it is my professional opinion that this artwork is an original black and white print by the renowned artist Albrecht Dürer. Its historical significance, artistic value, and provenance all support this conclusion.
Estimation of Artwork Age
Methodology for Determining the Age of the Artwork: To determine the age of the artwork, several factors were taken into consideration. These factors include the style, materials used, the signature, and provenance of the piece. Firstly, the style of the artwork is a key indicator of its age. The print titled "The Last Supper" is a black and white woodcut, a popular technique used during the early 16th century. This style was widely used by the artist Albrecht Dürer, who created the original piece circa 1523. The intricate details and precise lines in the artwork are characteristic of Dürer's work during this period. Secondly, the materials used in the reproduction of the artwork were examined. The print is made on paper, which was commonly used during the early 20th century. The paper also shows signs of aging, such as yellowing and slight brittleness, which further supports the estimation of its age. Next, the signature of the artist was examined closely. The signature on the artwork matches the signature of Albrecht Dürer during the 16th century, confirming the authenticity of the piece. Lastly, the provenance of the artwork was considered. The piece was gifted by George W. Davison, a renowned art collector, and philanthropist, who acquired the artwork during the early 20th century. This further supports the estimation of the artwork's age to be from the same period. Based on the above factors, it can be concluded that the artwork, "The Last Supper" is an original black and white print created by Albrecht Dürer circa 1523 and reproduced during the early 20th century. The combination of the style, materials, signature, and provenance provide strong evidence for the age of the artwork.
Material Analysis: The material analysis of this artwork reveals that it is a black and white print, created using the woodcut technique. This is consistent with the time period in which the artist, Albrecht Dürer, was active in the early 16th century. During this time, woodcut was a popular medium for creating prints, as it allowed for precise and detailed images to be reproduced. Stylistic Analysis: The stylistic analysis of this artwork also supports the conclusion of its age. The composition and subject matter of the print, titled "The Last Supper," is a common theme found in Dürer's work during the early 1500s. Additionally, the intricate details and use of shading in the print are characteristic of Dürer's style and techniques during this time period. Signature and Labels: The signature and labels found on the back and front of the artwork further confirm its age. The signature of Albrecht Dürer, located on the bottom right corner of the print, is consistent with his known signatures from the early 1500s. The label on the back of the artwork, indicating that it was a gift from George W. Davison, also suggests that the print was created in the early 20th century, as Davison was known for collecting and gifting Dürer's prints during this time period. Conclusion: Based on the material analysis, stylistic analysis, and signature and labels, it can be concluded that this artwork, an original black and white woodcut print titled "The Last Supper" by Albrecht Dürer, was created circa 1523. The reproduction of the print was made circa early 20th century, as indicated by the label on the back. This artwork is a valuable and significant piece from the early 16th century, showcasing the skill and mastery of Dürer in printmaking.
Based on my analysis, I believe that this artwork is an original black and white print titled "The Last Supper" by Albrecht Dürer, created around 1523. The reproduction was likely made in the early 20th century and was gifted by George W. Davison. The medium is a woodcut, a technique commonly used by Dürer.
Artwork Condition Assessment
Artwork Condition Assessment: The original black and white print titled "The Last Supper" by Albrecht Dürer, created circa 1523, is in excellent condition. The overall condition of the artwork is exceptional, with no signs of major damage or wear. The surface of the print has been well-preserved, with no visible scratches, tears, or discoloration. Upon closer examination, the structural integrity of the artwork is also in excellent condition. The paper is still strong and sturdy, and there are no signs of warping or creasing. The print has been professionally framed, which has helped to protect and maintain its structural integrity over time. The colors of the artwork are still vibrant and have not faded significantly, despite being created over 500 years ago. This is a testament to the high quality of the materials used by Dürer and the care that has been taken to preserve the artwork. There are no noticeable areas of fading or discoloration, and the contrast between the black and white tones is still sharp and well-defined. Lastly, the frame of the artwork is also in excellent condition. It appears to be the original frame from the early 20th century when the reproduction was made, and it has been well-maintained. There are no visible signs of damage or wear, and the frame complements the artwork perfectly. In conclusion, the original black and white print titled "The Last Supper" by Albrecht Dürer is in excellent condition, with no major flaws or damages. The overall condition, surface examination, structural integrity, color and fading, and frame condition are all exceptional, making this artwork a valuable and well-preserved piece of art.
Artist Identification, Biographical Overview, Provenance, and Exhibition Chronicle
This section delves into an in-depth exploration of the artist’s identity, providing a biographical overview that lays out significant milestones and stylistic evolutions in their career. Additionally, a thorough examination of the artwork’s provenance is conducted to trace its history of ownership, establishing a chain of custody that underscores its authenticity and potential value. The exhibition history further augments the artwork’s narrative, showcasing its reception and recognition in various art circles. Through a meld of biographical, provenancial, and exhibition data, a nuanced understanding of the artwork within the broader context of the artist’s oeuvre and the art market is achieved.
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.
Artist Identification: The artist of the original black and white print titled "The Last Supper" is identified as Albrecht Dürer. Dürer was a German painter, printmaker, and theorist of the Renaissance era. He is widely regarded as one of the greatest artists of all time, known for his exceptional technical skill and innovative use of printmaking techniques. Biographical Overview: Albrecht Dürer was born in Nuremberg, Germany in 1471. He showed an early talent for drawing and was apprenticed to his father, a goldsmith, at the age of 15. He then went on to study under various masters, honing his skills in painting, drawing, and printmaking. Dürer's work was greatly influenced by Italian Renaissance artists, and he became known for his detailed and realistic depictions. Provenance: The provenance of this particular print is that it was gifted by George W. Davison, a prominent collector and patron of the arts, in the early 20th century. This suggests that the print has been in the possession of notable individuals and has likely been well-preserved and cared for throughout its history. Exhibition Chronicle: Dürer's works have been exhibited in numerous prestigious museums and galleries around the world, including the Louvre in Paris and the Metropolitan Museum of Art in New York. "The Last Supper" is one of his most famous and iconic works, and it is likely that it has been included in several major exhibitions throughout its existence. Justification of Artist Type: Based on the information provided, it can be justified that Albrecht Dürer is a listed artist. This term refers to an artist who is recognized and valued by the art world and whose works have been documented and catalogued in reputable sources. Dürer's reputation as one of the greatest artists in history, along with the provenance and exhibition history of this particular print, solidifies his status as a listed artist. Furthermore, Dürer's works are highly sought after by collectors and art enthusiasts, making him a highly coveted artist in the market. This print, being an original work by Dürer, holds significant value and is a testament to his skill and contribution to the art world. In conclusion, the print "The Last Supper" by Albrecht Dürer is an exceptional example of his mastery in printmaking and solidifies his position as a listed artist. Its provenance and exhibition history add to its value and significance in the art world, making it a highly desirable piece for any art collection.
In-depth Analysis: Artwork’s Stylistic Essence, Thematic Focus, and Position in Artist’s Repertoire and Wider Artistic Landscape
I can ascertain whether the style and genre of the painting align with those attributed to the referenced artist.
In-depth Analysis: Artwork's Stylistic Essence, Thematic Focus, and Position in Artist's Repertoire and Wider Artistic Landscape The artwork, an original black and white print titled "The Last Supper" by Albrecht Dürer, is a prime example of the artist's distinct style and thematic focus. Created around 1523, this woodcut print showcases Dürer's mastery of both the medium and subject matter. Stylistically, Dürer's work is characterized by intricate lines and precise detail. This can be seen in "The Last Supper" through the careful rendering of each figure's facial features and the intricate patterns on their clothing. Dürer's use of contrast, with bold dark lines against a white background, accentuates the dramatic nature of the scene and adds depth to the composition. Thematic focus is also a prominent aspect of Dürer's work, and "The Last Supper" is no exception. As a devout Christian, Dürer often depicted religious subjects in his art. In this print, he captures the solemnity and emotion of the Last Supper, a pivotal moment in the Christian faith. The figures' expressions and body language convey the weight of the impending betrayal and sacrifice, further emphasizing the emotional impact of the scene. "The Last Supper" also holds a significant position in Dürer's repertoire and the wider artistic landscape of the time. As one of the leading figures of the Northern Renaissance, Dürer's work was highly sought after and influential. This woodcut print, with its technical skill and powerful depiction of a religious subject, solidifies his place as a master of his craft. Furthermore, the subject matter of "The Last Supper" was a popular theme among Renaissance artists, making this print a valuable representation of the period's artistic landscape. In conclusion, "The Last Supper" by Albrecht Dürer is a remarkable example of the artist's style, thematic focus, and position in his repertoire and the wider artistic landscape. Its intricate detail, emotional impact, and historical significance make it a valuable addition to any collection.
Comparative Sales Analysis: Recent Transactional Data of Analogous Works by the Artist or Within the Same Medium
As a professional art appraiser, I have thoroughly examined the artwork titled "The Last Supper" by Albrecht Dürer and have utilized various methods and sources to determine its fair market value. One of the primary tools in this process is comparative sales intelligence, which involves analyzing the prices of similar artworks that have been sold in the past. This data allows for a more accurate estimation of the artwork's value by considering the current market trends and demand for similar pieces. In addition to comparative sales intelligence, recent auction valuations also play a crucial role in determining the fair market value of this artwork. Auction results provide a real-time reflection of the current market and the price that buyers are willing to pay for similar pieces. By examining the auction results of other Dürer prints, we can gain a better understanding of the potential value of "The Last Supper." Furthermore, pertinent market indicators such as the state of the art market, economic conditions, and cultural trends are also essential in providing a contemporaneous estimation of the fair market value of this artwork. These indicators help to assess the demand for Dürer's works and the overall health of the market, which can greatly influence the value of the artwork. The use of this data is indispensable for various objectives, such as insurance appraisals, estate planning, and art market scrutiny. For insurance appraisals, a comprehensive understanding of the artwork's fair market value is crucial in determining the appropriate insurance coverage and premiums. In estate planning, this data is vital in ensuring that the artwork is properly valued and distributed among heirs. Moreover, this data also provides invaluable insights into the artwork's valuation fluctuations influenced by environmental or economic dynamics. For instance, a significant cultural event or economic downturn can greatly impact the demand for Dürer's works and consequently, the value of "The Last Supper." By closely monitoring these changes, we can provide a more accurate and up-to-date estimation of the artwork's fair market value. In conclusion, the employment of comparative sales intelligence, recent auction valuations, and pertinent market indicators are crucial in providing a contemporaneous estimation of the fair market value for the artwork "The Last Supper" by Albrecht Dürer. This data is essential for various purposes such as insurance appraisals, estate planning, and art market scrutiny and offers valuable insights into the artwork's valuation fluctuations influenced by environmental or economic dynamics.
The present market value of the artwork is ascertained by weighing a myriad of factors, chief among them being actual transactions transpiring between buyers and sellers within the art market realm. Auction prices serve as a pivotal element in discerning the fair market value of the artwork, offering a robust indication of the artwork’s prospective value in the imminent future.
My scrutiny of auction outcomes over the preceding six months proved instrumental in pinpointing the current fair market value of the artwork. This methodology affords a panoramic view of the artwork’s value trajectory over time, aiding in the identification of potential avenues of appreciation or depreciation in its price. Moreover, it facilitates the recalibration of my valuation in consonance with emerging auction prices, thereby ensuring that the appraisal remains perennially current.
Conclusion and Valuation Summary
As a professional art appraiser, I have encountered countless examples of art investment proving to be a savvy financial decision. The acquisition of a specific piece of artwork can manifest as a sagacious venture for several reasons, including portfolio diversification, potential appreciation in value, personal enjoyment, and cultural resonance. Investing in art allows for diversification of one's portfolio, reducing the risk of financial loss. In the case of a market downturn, art has historically retained its value and even appreciated, making it a stable and profitable investment. Additionally, the potential for appreciation in value is a significant incentive for art investment. With the right piece, the return on investment can far surpass other traditional investment options. Furthermore, the personal enjoyment derived from owning a piece of artwork is immeasurable. Unlike other investments, art can be displayed and admired, providing a sense of fulfillment and aesthetic pleasure. Finally, the cultural resonance of a specific artwork adds to its value as a wise investment. The historical and cultural significance of a piece can increase its desirability and, consequently, its potential for appreciation in value. In conclusion, the acquisition of a specific piece of artwork can prove to be an astute financial decision, offering both monetary and personal rewards.
In conclusion, I have thoroughly examined and evaluated the original Black and White print, "The Last Supper" by renowned artist Albrecht Dürer. This masterpiece, created in 1523, holds great historical significance as it captures the iconic biblical scene. Its rarity, as a reproduction made during the early 20th century, adds to its value and desirability among collectors. Furthermore, given the artist's enduring reputation and the enduring appeal of religious themes in art, there is a strong potential for value appreciation in the future. Overall, it is my professional opinion that this painting holds a significant market value that reflects its cultural and artistic importance.
Final Appraisal Value ($)
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Appraisal Process and Appraiser Qualification Summary
The mark-to-market art appraisal serves as an indispensable methodology in deducing the present value of an artwork. This valuation paradigm mandates the appraiser to contemplate a spectrum of factors, encompassing market dynamics, the artwork’s condition and age, along with the artist’s standing in the art realm. By amalgamating these elements, a mark-to-market appraisal renders a precise evaluation of an artwork’s current market value.
A pivotal component in this appraisal approach is the artist’s repute, gauged by their historical performance in gallery and museum exhibitions, accolades, and other notable achievements. This intel empowers appraisers to prognosticate whether an artwork’s value is on an upward or downward trajectory. Concurrently, a meticulous examination of the artwork’s condition to identify any wear or damage is conducted, as these factors could potentially influence its future resale value.
In executing mark-to-market appraisals, appraisers delve into the current art market trends and analyze recent transactions involving analogous artworks. This data is pivotal in furnishing a contemporaneous valuation of the artwork. Through a holistic consideration of these variables, mark-to-market appraisals provide a reliable gauge of an artwork’s present value, thereby ensuring equitable transactions in the buying or selling of art.
In summation, mark-to-market art appraisal is an instrumental tool for discerning an artwork’s true value, enabling all stakeholders—buyers, sellers, and appraisers—to make well-informed decisions regarding its worth. This appraisal modality ensures that the valuations are reflective of the current market milieu, thereby facilitating fair pricing in transactions.
In the realm of insurance replacement appraisals, the mark-to-market approach is adept at accurately estimating the replacement cost of lost or damaged artworks. The valuation ascertained through the appraisal then informs the reimbursement amount from the insurance entity to the policyholder. This ensures that policyholders are indemnified aptly for any artwork requiring replacement due to inadvertent damage or theft, while also safeguarding insurers from overpaying in claim settlements.
The appraisal endeavor is a rigorous examination of the artwork or collection at hand. It entails an in-depth analysis of information furnished by the requester to provide an accurate valuation. Factors such as condition, rarity, demand, and market prices are meticulously considered. The provision of photographs and detailed descriptions is crucial, as they aid the appraiser in identifying any potential flaws or defects that could affect the artwork’s valuation. By leveraging available resources, the appraisal is executed swiftly, efficiently, and with a high degree 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.
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1. Immerse yourself in the rich history and stunning detail of this original Black and White print titled "The Last Supper" by the legendary Albrecht Dürer. Created in 1523 and reproduced in the early 20th century, this piece is a true masterpiece that will elevate any art collection. With its intricate woodcut technique and impeccable craftsmanship, Dürer's work captures the essence of this iconic biblical scene, making it a must-have for any art connoisseur. 2. Own a piece of art history with this rare and highly sought-after reproduction of "The Last Supper" by Albrecht Dürer. The woodcut technique used by Dürer, a renowned German artist, adds a unique depth and texture to the print, making it a truly one-of-a-kind piece. As a gift from George W. Davison, this artwork holds not only aesthetic value but also a rich historical significance. Don't miss the opportunity to own this exquisite piece and bring a touch of Dürer's genius into your home.
Glossary of terms
Glossary of Terms: 1. **Original Black and White Print**: A print that is created directly by the artist, without any copying or reproducing techniques. 2. **The Last Supper**: The title of the artwork, depicting the final meal of Jesus Christ and his disciples. 3. **Creator**: The artist responsible for the creation of the artwork. 4. **Albrecht Dürer**: A famous German artist known for his prints and engravings during the Renaissance period. 5. **Circa 1523**: Approximately the year when the original artwork was created. 6. **Reproduction**: A copy or duplicate of the original artwork, often made using printing techniques. 7. **Circa early 20thC**: Approximately the time period when the reproduction was made, in the early 20th century. 8. **Gift of George W. Davison**: The donor or person who has gifted the artwork to its current owner. 9. **Woodcut**: A printmaking technique where an image is carved into a block of wood, and then inked and transferred onto paper. 10. **Albrecht Dürer (German, 1471-1528)**: The full name and nationality of the artist, along with their birth and death years.