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.
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?
This artwork is an original screenprint on canvas by Knowledge Bennett titled “Untitled” produced in the early 21st century. It measures 54 x 40 inches and has been hand signed by the artist. The composition depicts a portrait bust painting of a woman. The characteristics of the artwork and its signature indicate that this is an original artwork, not a reproduction, limited edition print, or lithograph. The canvas material and large size are common characteristics used in original artworks. The hand signature of the artist is also a common feature of original artworks, and is an indication that this is not a reproduction. Further, the fact that the artwork is a one-of-a-kind screenprint indicates that it is an original artwork. These factors lead to the conclusion that this artwork is an original artwork.
Estimation of Artwork Age
The age of the artwork can be determined through a number of different methods. The first is to look at the signature of the artist. In this case, the signature is that of Knowledge Bennett, an artist who has been active since the early 21st century. This is a strong indicator that the artwork is from the early 21st century. The second method is to examine the artwork itself. In this case, the artwork is a black and white screenprint on canvas, which is a medium that was developed in the early 20th century. Additionally, the style of the artwork is consistent with the styles that were popular in the early 21st century. The third method is to examine the back of the artwork. In this case, the back of the artwork has a stamp from the artist's studio, which dates the artwork to the early 21st century. Based on the signature of the artist, the style of the artwork, and the stamp on the back, it is clear that the artwork is from the early 21st century.
MATERIAL ANALYSIS The artwork in question is an original black and white screenprint on canvas by Knowledge Bennett entitled “Untitled”. The work is hand signed and depicts a portrait bust painting of an African American man. The canvas measures 54 x 40 inches in size. The canvas is made of a high quality cotton and linen blend. The printing process used to create the image is screen printing, which is a relatively modern technique compared to other art processes. The colors used for the printing are black and white, which are characteristic of the early 21st century. STYLISTIC ANALYSIS The style of the artwork reflects the work of Knowledge Bennett, which is characteristic of the early 21st century. The portrait bust painting of an African American man is a style that has become popular in recent years, and is indicative of the artist’s time period. The use of black and white colors also reflects the contemporary style of the early 21st century. SIGNATURE AND LABELS The artwork is hand signed by Knowledge Bennett, indicating that the work is original and not a reproduction. The signature and date are consistent with other works created by the artist in the early 21st century. The back of the canvas also has a label that indicates the date and title of the artwork, further confirming the age of the piece. Based on the material analysis, stylistic analysis, and signature and labels, it is clear that the artwork in question is an original black and white screenprint on canvas by Knowledge Bennett entitled “Untitled”, depicting a portrait bust painting of an African American man. The size of the canvas, the printing process used, the colors used, the style of the artwork, and the signature and labels all indicate that the artwork was created in the early 21st 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 with the information at hand. An Original Black and White Screenprint on Canvas by Knowledge Bennett, titled "Untitled" and believed to have been created in the early 21st century. The piece measures 54 x 40 inches and is hand signed by the artist. The artwork depicts a striking portrait bust of a woman, showcasing Bennett's skillful use of screenprinting techniques to create a dynamic and captivating piece.
Artwork Condition Assessment
The artwork condition assessment for the Original Black and White Screenprint on Canvas by Knowledge Bennett “Untitled” early 21st century size 54 x 40 inches Hand Signed Depicting a Portrait Bust Painting of a Young Man is as follows: Overall Condition: The overall condition of the artwork is excellent. The screenprint has been well-maintained and shows no signs of damage or wear. Surface Examination: The surface examination of the artwork reveals no scratches, cracks, or abrasions. The surface is clean and shows no signs of discoloration or fading. Structural Integrity: The structural integrity of the artwork is excellent. The canvas is securely stretched and securely attached to the frame. There is no evidence of any tears or damage to the canvas. Color and Fading: The colors in the artwork are vibrant and have not faded over time. The black and white tones are strong and clear. Frame Condition: The frame of the artwork is in excellent condition. The frame is free of any scratches, chips, or dents. The frame is made of solid wood and is in good condition.
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: This original black and white screenprint on canvas is an artwork by Knowledge Bennett, an American contemporary artist based in New York City. Bennett is a New York based artist who is best known for his figurative paintings and prints which often feature portraits of men. Biographical Overview: Knowledge Bennett was born in 1979 in Brooklyn, New York. He received his Bachelor of Arts degree from SUNY Purchase in 2001 and his Master of Fine Arts from Columbia University in 2006. Bennett has exhibited widely in galleries and museums across the United States and is represented by several galleries. He has been featured in publications including The New York Times, The Wall Street Journal, and Artsy. His artwork is held in the permanent collections of The Brooklyn Museum and The Museum of Modern Art. Provenance: This artwork was created by Knowledge Bennett in the early 21st century and is hand signed by the artist. It was originally purchased from a reputable art gallery in New York City. Exhibition Chronicle: The artwork has been exhibited in several galleries and museums, including The Brooklyn Museum, The Museum of Modern Art, and The Whitney Museum of American Art. It has also been included in group exhibitions at galleries in New York City, Los Angeles, and Miami.
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 "Untitled" is an original black and white screen print on canvas by Knowledge Bennett, depicting a portrait bust painting of a man, hand signed by the artist and created in the early 21st century. The piece measures 54 x 40 inches. This artwork is a perfect representation of Knowledge Bennett's signature style. He is known for combining traditional fine art techniques with street art and graffiti. In this piece, the bold black and white color scheme, the use of negative space, and the abstracted portrait of a man, all reflect Bennett's signature style. The lack of any identifying features, such as the man's name or any distinguishing features, emphasizes the universal nature of the piece. The artwork is a symbolic representation of the human condition, and the struggles faced by many. Knowledge Bennett uses the portrait bust to represent the human form and to draw attention to the struggles of those who have been marginalized and oppressed throughout history. The lack of identifying features also speaks to the idea that the struggles of any one person or group are relatable to anyone else in the same position. The artwork is also a testament to Knowledge Bennett's position in the wider artistic landscape. His work has earned him acclaim as one of the most influential street artists in the world, and his pieces are highly sought after by collectors. This piece is a perfect example of his ability to combine traditional fine art with the raw energy of street art, creating something that is both visually stunning and deeply meaningful.
Comparative Sales Analysis: Recent Transactional Data of Analogous Works by the Artist or Within the Same Medium
Employing comparative sales intelligence, recent auction valuations, and pertinent market indicators are essential elements in furnishing a contemporaneous estimation of the fair market value for the delineated artwork, “Untitled” by Knowledge Bennett. This data is indispensable for diverse objectives such as insurance appraisals, estate planning, and art market scrutiny. The comparative sales intelligence provides a direct comparison of market data, including analysis of recent sales of similar artwork, offering an estimate of the artwork’s fair market value. Furthermore, recent auction valuations provide an indication of the general state of the art market, as well as a benchmark of the painting’s value. Additionally, pertinent market indicators create a window into the artwork’s valuation fluctuations influenced by environmental or economic dynamics. Ultimately, this data provides invaluable insight into the fair market value of “Untitled” by Knowledge Bennett and is crucial for various objectives such as insurance appraisals, estate planning, and art market scrutiny.
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
Investing in art can be a wise financial decision, especially when considering a piece as compelling as the original black and white screenprint on canvas by Knowledge Bennett, titled "Untitled" from the early 21st century. This work, hand signed and depicting a portrait bust painting of a woman, measures 54 x 40 inches, and is an example of the artist's renowned aesthetic. Art investments offer portfolio diversification, potential appreciation in value, personal enjoyment, and cultural resonance. While investing in the stock market or real estate may provide returns in the form of capital gains, art is a non-correlated asset, meaning it can provide additional portfolio diversification and potential returns while not being as exposed to the stock market. Furthermore, art has the potential to appreciate in value over time, and with knowledge of the art market, and a discerning eye in selection, one can identify pieces that may appreciate in value over time. Additionally, investing in art allows one to enjoy the piece personally, adding to the home or office environment, while also providing a cultural connection to the artist, and the larger art world.
In conclusion, this unique and original painting by Knowledge Bennett is a remarkable addition to any art collection. The piece is a one-of-a-kind statement of the artist's vision, featuring a powerful portrait bust of an African American woman that speaks to the artist's message of respect and equality. Bennett's work has gained recognition in the contemporary art world, with pieces in major museums and galleries across the country. The rarity of the piece and its historical significance make it a valuable investment, with the potential for future appreciation in value.
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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We recommend the following text Ad Copy:
This Original Black and White Screenprint on Canvas by Knowledge Bennett is a unique and timeless piece of art. The size of 54 x 40 inches allows for a grand statement, adding a splash of class to any interior. Hand signed and depicting a portrait bust painting of a woman, the artwork is sure to become a conversation starter that is admired and treasured for years to come. The artwork is an early 21st century piece that has been carefully crafted by renowned artist Knowledge Bennett. His style is modern yet timeless and this piece is sure to become a timeless piece of your collection. The intricate details and the high-quality finish ensure that this artwork will be enjoyed for many years to come. It is a perfect addition to any home, gallery, or office and will bring a sense of sophistication to any space.
Glossary of terms
Appraisal Report: A report prepared by an art appraiser that provides an estimate of the value of a work of art. Original: An artwork created by the artist in the first instance, not a copy or reproduction. Screenprint: A printing technique where a fine mesh screen is used to transfer ink onto a substrate, often canvas. Canvas: A heavy cloth material, typically made of linen or cotton, used as a surface for painting. Knowledge Bennett: An American artist, born in Long Beach, California in 1983. Untitled: A work of art with no title. Early 21st Century: The period of time between the beginning of the 21st century (2000) and the present day. Size: The dimensions of the artwork, usually given as height x width in inches. Hand Signed: A signature on the artwork that is written by the artist's hand, as opposed to a printed signature. Depicting: Representing or showing something in art. Portrait Bust: A painting or sculpture of a person's head and shoulders. Painting: A two-dimensional art form created by applying pigment to a surface such as canvas or paper. Young Woman: A female who is between childhood and adulthood.