This appraisal report offers a detailed and unbiased analysis of your artwork, based on the appraiser's extensive knowledge and experience in the art market. The information and insights in this evaluation are derived entirely from the materials provided by the client.
Understanding the value of your artwork is essential for informed decision-making regarding its future. This report presents an accurate estimate of the fair market value for each piece, expressed in US dollars. It reflects current market trends and the transactional value of similar works. Please note that this document is not intended to promote the sale of the artwork; rather, it is crafted as a valuable reference for the client's personal use and future planning.
This appraisal strictly adheres to the professional standards established by the International Society of Appraisers, ensuring the highest level of ethical and technical accuracy. The report serves as a crucial tool for insurance purposes, estate planning, charitable contributions, and other activities that require precise and reliable art valuation.
Effective Day of Valuation.
April 23, 2024Artwork Image Analysis
Introduction to Image Analysis
For this appraisal, we have utilized Google Vision to conduct a comparative image analysis. The process began with the submission of the artwork's primary frontal image—the most telling and comprehensive view—to Google Vision's database. This initial image serves as the cornerstone for the ensuing analysis.
The objective of this image analysis is twofold. Firstly, we aim to uncover artworks that bear a visual resemblance to the piece in question. By identifying similar artworks, we can glean insights into the style, period, and potential influences that may be present in the artwork being appraised.
Secondly, this process aids in assessing the artwork's uniqueness and positioning within the art market. Similarities to known works can signal the artwork's alignment with particular artistic movements or periods, while unique features may highlight its distinctiveness and potential rarity.
Visual Comparisons: Similar Artworks Identified by Google Vision
Artwork Type Determination: AI Insights and Appraiser Expertise
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Estimation of Artwork Age
Methodology for Determining the Age of the Artwork
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Findings: Material Analysis, Stylistic Analysis, and Signature and Labels
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Artwork Condition Assessment
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Artist Profile and Artwork History
Signature Analysis
This section provides a comprehensive profile of the artist, including a biographical sketch that highlights pivotal moments and stylistic developments throughout their career. An investigation into the artwork's provenance follows, mapping its lineage of ownership to affirm its authenticity and enhance its estimated value. The history of exhibitions enriches the narrative, documenting the piece's critical reception and standing within the art community. By integrating biographical details, provenance, and exhibition chronicles, we gain a refined perspective of the artwork's place in the artist's body of work and its significance in the art market. Accompanying this analysis is a detailed examination of the artist's signature, as captured in an enclosed image, which is interpreted as follows:
In this phase, I analyze the signature to identify the artist. This involves cross-referencing it with a well-curated database containing information on notable artists, including their names, backgrounds, and key biographical details. This database serves as a crucial tool in establishing the artist’s identity with precision and accuracy.
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Artwork Analysis: Style, Theme, and Artistic Context
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Authorship type
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Valuation Methodology: Assessing the Artwork’s Worth
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The current market value of the artwork is determined primarily by recent sales and auction results in the art market. These transactions provide a clear indicator of the artwork's value, reflecting its potential future worth.
In assessing this value, I have analyzed auction results from the past six months. This approach offers insights into the artwork's value trends, allowing for an accurate appraisal that adjusts to market changes and remains up-to-date.
Conclusion
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Final Appraisal Value ($)
45000 US$
Appraisal Report Conducted by:
Andrés Gómez
BSc, MSc, Accredited Art Appraiser
Over a Decade of Expertise in Online Art Appraisals
Served Over 100,000 Clients
Proprietor of Renowned Antique Establishment
Explore my extensive portfolio of past appraisals here:
https://www.appraisily.com/andres-portofolio/
This appraisal in a nutshell
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Client-Provided Imagery for Appraisal Analysis
Appraisal Process and Appraiser Qualification Summary
The mark-to-market art appraisal is a critical methodology for determining an artwork's current market value. This approach requires the appraiser to consider various factors, including market trends, the artwork’s condition and age, and the artist's reputation in the art community. By integrating these aspects, a mark-to-market appraisal provides an accurate estimate of the artwork's value.
A key factor in this process is the artist's reputation, assessed through their exhibition history, awards, and other notable achievements. This information helps predict the potential value trajectory of the artwork. Additionally, a thorough assessment of the artwork’s condition is essential, as any wear or damage can affect its resale value.
Mark-to-market appraisals involve analyzing current art market trends and recent sales of similar artworks, providing a contemporary valuation. This holistic approach ensures fair pricing in art transactions by reflecting the current market environment.
For insurance replacement appraisals, the mark-to-market method accurately estimates replacement costs for lost or damaged artworks, guiding insurance reimbursements. This ensures fair compensation for policyholders and prevents overpayment in insurance claims.
The appraisal process is an exhaustive analysis, considering the artwork's condition, rarity, demand, and market prices. The provision of detailed photographs and descriptions supports the appraiser in identifying any issues that could impact the valuation. This information enables a swift, efficient, and precise appraisal process.
A statement of the appraiser’s liability and any potential conflicts of interest.
Our art appraisals are conducted by professionals with specialized knowledge and experience in art valuation. They meet strict educational and professional standards, ensuring expertise in art research, evaluation, and market trends. Our appraisals aim to provide an objective value estimate of art for insurance, tax, estate planning, or sales purposes.
We prioritize fairness and impartiality in our appraisals. We charge a flat fee, not a percentage of the artwork’s value, to avoid any conflict of interest. Our reports adhere to the Uniform Standards of Professional Appraisal Practice (USPAP) set by the Appraisal Foundation. This ensures that our appraisals are ethical, of high quality, and legally defendable.
How to sell this artwork.
To assist you in selling your artwork, we provide a comprehensive guide available here. This guide offers structured steps and best practices for successfully navigating the art market.
This customized ad copy is designed to highlight the unique features and value of your artwork, aiming to attract potential buyers and facilitate a successful sale.
Glossary of terms
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