Why Get an Art Appraisal?
It is important to know the value of your artworks for the purpose of resale value, insurance, tax, estate planning, or donation. A professional appraiser helps assess your personal property – so you can make informed financial decisions. They provide a written evaluation of your art pieces so you can document and protect your valuables. Insurance agencies, bankers, lawyers, estate managers, federal and state tax agencies all depend upon the knowledge of a qualified art appraiser. Do I Need an Art Appraisal? If you own any original works of art (paintings, drawings, prints, etc.) by a professional artist – you should have an art appraisal done every 2-4 years. Also, if you are looking to sell your art, an appraisal can provide you with an accurate idea of what price to ask from a gallery or collector.
