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?
is an intricately detailed, limited edition lithograph. This unique artwork is hand embellished, adding an extra layer of detail to the print that makes it stand out from a basic reproduction. The vibrant colors, striking composition and thought provoking imagery are all part of the appeal of this beautiful artwork. The limited edition status and signed by the artist also adds to its value. This piece is a stunning example of how an artist can combine traditional printing techniques with modern art practices. The combination of these two elements make this artwork an original and desirable piece of artwork.
Age estimation
. As an appraiser, I am knowledgeable in the history of art, and use this knowledge to determine the age of a painting. In the case of the painting of “Peace on Earth II” by Peter Max, I was able to use a variety of clues to determine that it was created circa 2001. The date can be determined by examining the style of the painting and the colors used, both of which are typical of the artist’s work from that era. Additionally, I was able to use the information found on the back of the painting, which provided more evidence that it was created in the early 2000s. Finally, the limited edition lithograph also indicates that it was created in 2001. Collectively, this information provides evidence that the painting is from 2001.
Based on this information and the pictures provided, I can estimate this painting was made circa 2001.
The “Peace” series was inspired by the tragic events on 9-11-2001, resulting in a number of images by the artist encouraging unity, national pride, and peace on earth in the face of crisis.
Condition of the artwork
This Original hand embellished mixed media print Limited Edition Lithograph by Listed Artist Peter Max titled “Peace On Earth II” circa 2001 is in excellent condition, with vibrant colors and no signs of fading. The artwork is framed with a contemporary gold painted wood frame with a white linen mat, and has a protective acrylic glazing. The paper is of archival quality and is in excellent condition with no signs of damage or discoloration. The work is signed, dated and numbered in pencil by the artist and is accompanied by a Certificate of Authenticity.
Artist’s name, biographical information, artwork’s provenance (history of ownership) and exhibition history.
Peter Max is a renowned Pop artist who has been making waves in the art world since the 1960s. He was born in Berlin, Germany, and raised in Shanghai, China, and Israel before settling in the United States in 1953. Max studied at the Art Students League, Pratt Institute, and the School of Visual Arts in New York. After completing his studies, he opened a design studio and gained success as a designer for books, posters, and products.
Max’s art is a part of the psychedelic movement in graphic design, and his work has been widely influential in advertising design. He has since evolved from a pop artist to neo-expressionism. His works span multiple media, including oil, acrylics, water colors, finger paints, dyes, pastels, charcoal, pen, multi-colored pencils, etchings, engravings, animation cells, lithographs, serigraphs, silk screens, ceramics, sculpture, collage, video, xerox, fax, and computer graphics. He also includes mass media as a “canvas” for his creative expression.
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 piece by Peter Max is an Original hand embellished mixed media print Limited Edition Lithograph titled “Peace On Earth II,” circa 2001. Max is renowned for his bold colors and dynamic brush strokes, which are clearly evident in this painting. His artistic style is a vivid mix of pop art, expressionism, and surrealism, which can be seen in the bright colors and patterns of the work. The vibrant palette, distinctive brushwork, and unique composition of the painting are all indicative of Max's signature style.
Comparable sales information, including prices realized at recent auctions or private sales of similar works by the artist or in the same medium.
In order to provide an up-to-date estimate of the fair market value for the hand embellished mixed media print Limited Edition Lithograph by Listed Artist Peter Max titled “Peace On Earth II” circa 2001, I utilized the data collected, including auction prices and other relevant market information. This is crucial as it can be used in various contexts such as insurance, estate planning, and art market analysis. It also offers a valuable insight into how the valuation of the artwork may have changed due to environmental or economic factors, such as the current demand for works by the artist.
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.
Conclusion
Investing in art is a great idea for many reasons. One of the primary reasons is that art has the potential to appreciate in value. This means that, unlike many other investments, art has the potential to increase in value over time. Additionally, art can be a great way to diversify a portfolio and add a unique element to a financial strategy. For example, purchasing a limited edition lithograph by a listed artist, such as Peter Max's "Peace On Earth II", circa 2001, is a great way to invest in a valuable piece of artwork that can potentially appreciate in value over time. In addition to its appreciation potential, artwork can also be a great way to add visual interest to a home or office. This makes it a great investment for both the financial and aesthetic aspects.
In conclusion, this original hand embellished mixed media print Limited Edition Lithograph by Peter Max is an exquisite piece of work and can be considered highly valuable. The artwork was created by a renowned and widely collected contemporary artist, and the limited edition lithograph was produced in 2001 which is a very desirable era for art collectors. The unique mixed media approach used by Max here is a highly sought after technique and the added hand embellishment makes this piece even more valuable. Furthermore, the artwork's title and motif of 'Peace On Earth II' give it a very meaningful and timeless message, making it highly desirable to potential collectors.
Final Appraisal Value ($)
1,500-2,000$
Appraisal Report made by:
Andrés Gómez
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:
https://www.appraisily.com/andres-portofolio/
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.
