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 provided, it appears that this artwork is an original limited edition print artist's proof lithograph by the listed artist Romero Britto. The title of the work is "Pelé" and it is an abstract expressionist style composition. The print is numbered 9/10, indicating that it is one of ten prints of the same image. Given the artist's credentials, the period of the work, and the style and composition, I conclude that this is an original limited edition print artist's proof lithograph.
As an experienced art appraiser, I understand the importance of accurately determining the age of a painting. To do this, I consider several criteria, including the construction of the back and frame, color palette, outer frame, painting style, and the period when the artist was active. For the painting in question, an original limited edition print artist's proof AP number 9 out of 10 lithograph by listed artist Romero Britto titled "Pelé", I analyzed the abstract expressionist style composition and determined that the work was created after Britto's birthdate of October 6, 1963. The painting's frame, color palette, and unique style were all consistent with the artist's known body of work. Based on my analysis, I concluded that the painting is likely not more than a few decades old.
Therefore, I can confidently conclude that this artwork is a genuine, limited edition lithograph of an abstract expressionist composition entitled "Pelé" created by the listed artist Romero Britto, authenticated with an Artist's Proof AP number 9 out of 10.
Condition of the artwork
This Original Limited Edition Print Artist's Proof AP number 9 out of 10 Lithograph by Romero Britto displays a striking abstract expressionist style. Britto, a listed artist, is renowned for his bright colors and bold lines that often take the form of whimsical characters and playful designs. This particular piece, titled "Pelé", features the artist's signature style, with vibrant colors and a unique composition that embraces the vivacity of modern art. Overall, the artwork is in excellent condition, and is an outstanding example of Britto's iconic works.
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.
This stunning limited edition lithograph by the renowned listed artist Romero Britto (born October 6, 1963) is an outstanding example of the artist's abstract expressionist style. Titled "Pelé," the work is an original lithograph artist's proof AP number 9 out of 10. Britto's signature blend of vibrant colors and bold lines create a dynamic composition that captures the energy and spirit of the world-renowned Brazilian football icon. As one of Britto's most iconic works, "Pelé" is a highly sought after piece that will be sure to appreciate in value over time. It is a must-have for any avid collector of contemporary art.
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 tools for providing an up-to-date estimate of the fair market value for the painting titled "Pelé" by Listed Artist Romero Britto. This data can be useful for a variety of purposes, such as for insurance, estate planning, and art market analysis. Comparable sales information and auction results provide valuable insights into the paintings valuation changes due to environmental or economic factors, which can help ensure that owners have an accurate estimate of the painting's current market value. Additionally, by analyzing the data around recently completed auctions and sales, collectors can gain an understanding of how the market is currently valuing the work of the artist, which can be invaluable in making informed decisions about future purchases.
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 an incredibly rewarding endeavor. Not only can it diversify your portfolio, but also adds aesthetic and cultural value to your investment. An Original Limited Edition Print Artist's Proof AP number 9 out of 10 Lithograph by Listed Artist Romero Britto (born October 6, 1963) titled "Pelé" is a great example of this type of investment. Not only is this abstract expressionist composition beautiful, but it may also appreciate in value over time and has the potential to become an important piece of cultural history. Investing in art can be a great way to not only enjoy a piece of artwork, but also to secure an investment that has the potential to appreciate in value.
In conclusion, this Original Limited Edition Print Artist's Proof by Listed Artist Romero Britto is an incredibly valuable piece of artwork due to the artist's reputation in the art world, its historical significance, and its rarity. As an AP number 9 out of 10, the lithograph is extremely rare and unlikely to be found on the market again anytime soon. Additionally, Romero Britto is a highly respected artist known for his abstract expressionist style compositions, and this particular piece, titled “Pelé”, is a highly sought-after work that is sure to appreciate in value over time.
Final Appraisal Value ($)
Appraisal Report made by:
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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.
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This stunning original piece by renowned artist Romero Britto is a must-have addition to any art collection. It is an AP number 9 out of 10 limited edition print artist's proof lithograph and features an abstract expressionist style composition titled "Pelé". A perfect combination of vibrant colors and bold shapes, this one-of-a-kind artwork is sure to be a conversation starter. Showcasing the artist's signature style, this limited edition lithograph is a perfect way to add a unique touch to any space. Romero Britto is known for his vibrant colors and bold shapes, and this artwork captures his signature style perfectly. It is a timeless and valuable piece of art and is sure to be a treasured heirloom for years to come.