Thursday, May 17, 2012

Art Appraisal


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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