Many mistakenly think that an art appraisal is the same
thing as art authentication. The art of art appraisal is being able to
determine overall value of an artwork after careful scrutiny and analysis.
An art appraisal is a professional opinion that documents
the quality and value of a work of art. It is quite necessary for a person with
a significant art investment to have a professional appraise the works of art
for their value.
Art appraisals are important when you own significant artworks.
This is also a way to protect art investments. At the same time, art appraisals
should be done regularly because the value of art changes often therefore,
updates must be made recurrently.
David Hart Galleries offer art valuation and appraisal
service on all original artwork by David Hart and his father Pro Hart. There
are several reasons as to why artworks need to be appraised. One of the reasons
why David Hart Galleries provide art valuation and appraisal is for the client
to know the current value of artwork. Also, this is to ensure that the artworks
are authentic and that they are not over charged.
If a particular art owner has an art insurance, art
appraisal should be undergone regularly so as to keep the policy up to date.
Also, Superannuation Fund Portfolio that includes artworks requires updated
written valuations and appraisals.
Another reason for where a written and documented art
valuation and appraisal is needed is during when there is family divisions or
bankruptcy.
David Hart Galleries, an exclusive Australian Agent, and
David hart being the son of the famous Australian outback painter Pro Hart, together
with Christine Hart have been valuing artworks for more than a decade. They can
validate the authenticity and the values of a particular artwork basing on the
piece’s sales history via similar work sold through David Hart Galleries.
As the value of art change quickly, you need to have an
appraisal for your artworks so as to change your insurance coverage or prior to buy art online in order to
protect your owned artworks form loss or damages. Having artworks as part of
your prized assets, you need current appraisal for insurance claims, donations,
or when you want to sell the particular artwork.
There are some things you want to keep in mind when looking
for an art appraiser and the things you have to be wary about when deciding for
an appraisal.
Find the right appraiser for your artwork. You may not be
aware of this, but as an art collector you should know that there exists a
conflict of interest when it comes to art collections especially if they are
made by more prominent and prestigious artists.
Be cautious when having art dealers appraise your
collection. Art dealers may appraise your artwork at a lower price as they
would like to buy it and resell it for a higher profit. Although art dealers
may have good reputations but business is always business and profit is more
valuable.
Having an auction house appraise your artwork may also
benefit them more than yourself. Remember that auction houses always want you
to put your collection for auction with them. In this case, they might
overvalue a particular interesting artwork to entice the owner to choose the
house for auction.
Finding the right appraiser means that you should make sure
that the appraiser are very familiar with your artist. Also, it is best if the
appraiser is a specialized artist appraiser so you would know that they are
experts when it comes to the genre and style of your artist. The appraiser must
be a recognized professional appraiser throughout the country and is a member
of a professional organization.
Also, make sure to have your artwork appraised in person.
Having an online appraiser analyze the value of your artwork is prone to highly
inaccurate results.
To be certain, you should make a thorough research for a
professional appraiser before having someone decide the value of your artwork.
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