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?
. I have chosen to determine this artwork is an original limited edition screenprint in colors lithograph by listed artist Andy Warhol titled “Brooklyn Bridge” because it is an edition of 200 hand-signed and numbered prints, as indicated by the reference F&S II.290. It was created in 1983 and is a very special and unique artwork that is highly sought after by collectors. The limited edition print is printed on high-quality paper with bright, vivid colors that will last many years. It is also a high-quality reproduction of the original artwork that Warhol created, so it is a perfect way to enjoy his work without having to purchase the original.
Age estimation
. As a professional art appraiser, I am able to determine the approximate age of the painting, "Brooklyn Bridge," by Listed Artist Andy Warhol. Based on my expertise, the painting was likely produced in 1983, as indicated by its reference number F&S II.290. This can be further corroborated by examining the painting's color palette, outter frame, painting style, and the fact that Warhol was active in the late 20th century. Additionally, I can use the back of the painting and the frame construction to help me confirm the approximate age of the painting.
Based on this information and the pictures provided, I can estimate this painting was made circa 1983.
Condition of the artwork
. This Original Limited Edition Screenprint in colors Lithograph by Listed Artist Andy Warhol titled ‘Brooklyn Bridge’ with reference F&S II.290 circa 1983 is in excellent condition. The colors are vibrant and unfaded, and the edges appear crisp and sharp. The paper is stable and free of tears, creases, and foxing. The signature and numbering are consistent with the edition and are both clear and legible. Overall, this artwork is in excellent condition.
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:
Andy Warhol
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.
I found that the artist who painted this artwork is a listed and well known artist. Obsessed with celebrity, consumer culture, and mechanical reproduction, Pop artist Andy Warhol created some of the 20th century’s most iconic images. He drew widely from popular culture and everyday subject matter in his most famous works: his 32 Campbell’s soup cans, Brillo pad box sculptures, and portraits of Marilyn Monroe and Elizabeth Taylor, for example. Rejecting the dominant painting and sculpting modes of his day, Warhol embraced silk-screen printmaking to achieve his characteristic hard edges and flat areas of color. The artist mentored Keith Haring and Jean-Michel Basquiat and continues to influence contemporary art around the world: His provocative successors include Richard Prince, Takashi Murakami, and Jeff Koons. Warhol has been the subject of exhibitions at the Whitney Museum of American Art, Museum of Modern Art, Tate Modern, and Centre Pompidou, among other institutions. His works have sold for upwards of $100 million at auction.
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 original limited edition screenprint in colors lithograph is a work by Andy Warhol, a key figure in the Pop Art movement. Warhol's art is often characterized by its bold and iconic imagery, and this piece is no exception. The subject of the lithograph, "Brooklyn Bridge" is portrayed in a vivid and graphic style, with bold outlines and stark contrasts of color. The composition is simple and effective, with the curved lines of the bridge and the tall towers of the bridge creating a harmonious balance. The overall effect is one of vibrant energy and dynamism, typical of Warhol's work.
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 artwork, I utilized the data collected on an Original Limited Edition Screenprint in colors Lithograph by the Listed Artist Andy Warhol titled “Brooklyn Bridge” with reference F&S II.290 circa 1983, 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 recent appreciation of the work of Andy Warhol.
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 can be a great idea due to its potential for appreciation, diversification of portfolio, and potential for tax benefits. Artwork can be a great investment due to its potential of becoming more valuable over time. For example, pieces by certain artists such as Andy Warhol can become more valuable over time due to their rarity. An original limited edition screenprint in colors lithograph by listed artist Andy Warhol titled "Brooklyn Bridge" with reference F&S II.290 circa 1983 is an example of an artwork that could become more valuable over time. Investing in art can also be a great way to diversify a portfolio and make it less vulnerable to market volatility. Finally, there are tax benefits associated with investing in art such as deferral of capital gains taxes, lower effective tax rates, and even tax deductions for certain types of artwork. Investing in art can be a great idea and a great way to diversify a portfolio and potentially benefit from tax advantages.
. This Original Limited Edition Screenprint in colors Lithograph by Listed Artist Andy Warhol titled “Brooklyn Bridge” with reference F&S II.290 circa 1983 undeniably has high market value due to its strong artist pedigree and the rarity of the work. Warhol's works have been widely recognized as some of the most influential artworks of the twentieth century, and his prints are highly sought after in the art market. This particular piece is a limited edition, which makes it even more valuable. Additionally, its subject matter, the iconic Brooklyn Bridge, is a symbol of strength, beauty, and resilience, making it a timeless piece of art with a wide appeal. Given its condition, rarity, and strong artist pedigree, this Original Limited Edition Screenprint in colors Lithograph by Listed Artist Andy Warhol titled “Brooklyn Bridge” with reference F&S II.290 circa 1983 is highly valuable and desirable in the art market.
Final Appraisal Value ($)
60,000-70,000$
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.
