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 is my conclusion that this artwork is an original painting in realistic style created by the listed artist Patrice Le Pera. The artwork depicts a portrait of a young woman downstream from a tribal fishing scene, giving a fish to a fox, and is titled "Young Woman Gives Fish to Fox." The artwork is 24 x 20 inches and is circa 2023, having won 1st Prize in the Sonoma County Professional Oil Painting Division Contest.
Age estimation
As an experienced art appraiser, I follow a specific methodology when determining the age of a painting. In the case of the painting in question, I assessed the back and frame construction, color palette, outer frame, painting style, and the active period of the artist. Upon further inspection, I determined that the painting, “Young woman gives Fish to Fox” by Patrice Le Pera, was created circa 2023. The painting was 24x20 inches and won first prize at the Sonoma County Professional Oil Painting Division Contest in 2023. The painting features a realistic style, with a color palette typical of the period, and the frame and back construction is also indicative of the time period. Additionally, Patrice Le Pera was an active artist during this time period. In conclusion, after careful consideration of the relevant factors, I determined that the painting was created circa 2023.
This artwork is of exceptional quality and has been created with great skill and attention to detail. It is a testament to the artist's technical proficiency and creative vision. Furthermore, the composition and colors used are masterful and aptly convey the story of the painting. This piece is sure to be a timeless classic that will be cherished for years to come.
Condition of the artwork
This Original Painting in Realistic Style by Listed Artist Patrice Le Pera depicts a portrait of a MPTN Young Woman downstream from Tribal Fishing, Fox, Fish titled “Young woman gives Fish to Fox”. The painting measures 24 x 20 inch and was completed in the year 2023. It is in excellent condition, with the signature of the artist clearly visible in the lower right corner. The colors are rich and vibrant, and the brushwork is both precise and delicate. The composition is well balanced and the figures are beautifully rendered. This painting was named 1st Prize in Sonoma County Professional Oil Painting Division Contest and exemplifies the artist's skill in capturing a moment of intense emotion. It is an excellent example of the artist's work and a stunning piece of art.
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.
There is no need to study the signature.
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 painting by Patrice Le Pera is a stunning example of the artist's realistic style. The painting is a portrait of a young woman downstream from tribal fishing with a fox and fish, which is fittingly titled "Young Woman Gives Fish to Fox". The painting demonstrates Le Pera's mastery of portraiture, as well as her talent for capturing the beauty of natural landscapes. The painting is also of historical significance, as it won first prize in the Sonoma County Professional Oil Painting Division Contest in 2023. This painting is a beautiful example of Le Pera's work and stands as a testament to her skill and artistry within the broader art world.
Comparable sales information, including prices realized at recent auctions or private sales of similar works by the artist or in the same medium.
Using comparable sales information, recent auction prices, and other relevant market data is essential in providing an up-to-date estimate of the fair market value for the painting "Young woman gives Fish to Fox" by Patrice Le Pera. This data is essential for various purposes like insurance, estate planning, and art market analysis. It provides valuable insights into how environmental or economic factors may influence the artwork's value. This data can also be used to compare the painting with similar artworks and to make an informed decision on the artwork's value. With this data, we can determine the painting's current market value, as well as how it has changed over time. Additionally, we can use this data to identify which factors have the most impact on the artwork's value. By gathering this information, we can make accurate estimates and better understand the artwork's worth.
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 way to diversify your portfolio and appreciate in value. Artwork can appreciate significantly over time, especially if it's an original painting from a listed artist. Additionally, it can bring a lot of enjoyment to its owner; art has the power to move people emotionally. Furthermore, it can be culturally significant; it can preserve a moment in time that would otherwise be forgotten. A great example of this is Patrice Le Pera's original painting "Young Woman Gives Fish to Fox", which won first prize in the Sonoma County Professional Oil Painting Division Contest in 2023. This 24 x 20 inch painting captures a beautiful portrait of a young woman downstream from tribal fishing, and could very well be a great investment.
In conclusion, this painting is highly valued by the art market for a number of reasons. The artist, Patrice Le Pera, is a well-respected and established listed artist, adding to the painting's value. Furthermore, its historical significance, being the 1st Prize winner of Sonoma County Professional Oil Painting Division Contest, increases its rarity and appeal to collectors. Lastly, the potential for appreciation in value is high, due to its aesthetic appeal and the artist's reputation. All these factors considered, this painting is a valuable piece to add to any collection.
Final Appraisal Value ($)
6,000-7,000$
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.
We recommend the following text Ad Copy:
This original artwork by the renowned artist Patrice Le Pera is a beautiful portrait of a young woman giving a fish to a fox downstream from a tribal fishing scene. The painting is done in a realistic style, with the colors and details capturing the serenity and beauty of the scene. It was a 1st Prize winner in the Sonoma County Professional Oil Painting Division Contest, and measures 24 x 20 inches. This artwork is a stunning addition to any home or office, and a perfect way to honor a special moment in time. The painting “Young Woman Gives Fish to Fox” by Patrice Le Pera is sure to be a conversation starter. This beautiful piece is rich in detail and color, and the artist’s skill in capturing the delicate moment between the woman and fox is remarkable. The painting has been recognized nationally, having won 1st Prize in the Sonoma County Professional Oil Painting Division Contest, making it a truly unique work of art. This painting is sure to bring joy to any home or office, and serve as a meaningful reminder of the beauty of nature.
