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 the information and images provided, I conclude that this artwork is an original landscape painting depicting a river scene with a cottage and mountains on the back winter scene by the listed artist G. Whitman (American, circa mid to late 20thC) from circa 1970s in realistic style. The painting is executed in a unique and individualistic manner, using a range of different techniques and materials. The painting is also signed and dated by the artist, which further confirms its status as an original artwork.
As an experienced art appraiser, I determined the age of the painting using a variety of methods. The back of the painting, with its original construction, and the frame, which was period-appropriate for the time, both indicated a mid to late 20th century origin. I examined the color palette of the painting, which was in line with the style of the period, as well as the painting style, which was realistic, typical of the 1970s. Additionally, the artist, G. Whitman, was active during this period, lending further credibility to the painting's age. All of these factors, taken together, allowed me to confidently ascertain the age of the painting.
Condition of the artwork
This original landscape painting depicting a river scene with a cottage and mountains on the back winter scene by G. Whitman is in excellent condition. This artwork from the mid to late 20th century is an extraordinary example of the artist's unique style, which combines elements of realism and expressionism. The colors are vibrant, the brushstrokes precise, and the composition is balanced and dynamic. The painting is a testament to the artist's skill and understanding of the medium. It is a true work of art that will bring a lifetime of pleasure to its owner.
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.
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 for providing an up-to-date estimate of the fair market value of the painting. This data can provide insight into how the painting's value changes due to environmental or economic factors, as well as providing valuable information for insurance, estate planning, and art market analysis. In the case of the painting An Original Landscape Painting Depicting a River Scene with Cottage and Mountains on the back Winter Scene by Listed Artist G. Whitman (American, circa mid to late 20thC) from circa 1970s In realistic style, these data points can help to determine its current market value. Comparable sales of similar works by the same artist, as well as recent auction prices for paintings in the same genre, can provide a benchmark for the painting's current value. Meanwhile, other relevant market data, such as economic indicators, can help to understand how different factors can affect the value of the painting. By taking into account all of this information, an up-to-date estimate of the fair market value of the painting can be determined.
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 provide enjoyment and cultural significance. An Original Landscape Painting Depicting a River Scene with Cottage and Mountains on the back Winter Scene by Listed Artist G. Whitman (American, circa mid to late 20thC) from circa 1970s In realistic style is a great example of an art investment with potential for appreciation. The painting is likely to increase in value over time due to its historical importance and aesthetic value, making it a great choice for art collectors and investors alike. Furthermore, it can also provide cultural insight and aesthetic pleasure that can be passed down through generations.
As a conclusion to this appraisal report, it is my opinion that this original landscape painting by G. Whitman is of considerable value to the art market. This is due to the artist's reputation as a listed artist, the work's historical significance, its rarity, and the potential for appreciation in value. The painting itself is a high-quality work, depicting a river scene with a cottage and mountains on the back winter scene, from the circa 1970s in a realistic style. As such, this painting is a valuable piece that is sure to be a treasured addition to a collection or gallery.
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:
This Original Landscape Painting Depicting a River Scene with Cottage and Mountains on the back Winter Scene, by Listed Artist G. Whitman (American, circa mid to late 20thC), is a stunningly beautiful work of art. With a circa 1970s date, this painting is sure to make a statement in any home. Rendered in realistic style, the vibrant colors and attention to detail give the painting life and draw the viewer in. The crispness of the mountain and cottage in the background, along with the serene river running in the foreground, create a calming effect. This original artwork by Listed Artist G. Whitman is a must-have piece for any art enthusiast. The neutral color scheme and composition of the painting make it easy to match with any décor. Whether you are looking for a conversation starter or a subtle piece to hang in your home, this painting is sure to become a timeless addition to your collection. With its unique and original style, this work of art is sure to be a treasured piece for years to come.