The art that is hanging on your walls or being displayed around your home may seem priceless in its beauty, but assigning a value to each piece requires a systematic approach that’s more complicated than just looking it up online. Whether it is a piece from the Renaissance that embodies life in that era or Asian art with cultural significance, understanding its true value with art appraisal is important, and we can help.
The Importance of Art Appraisal
There are many reasons why you would consider getting your fine art appraised. These reasons may include knowing the true value of your art piece or entire collection for estate planning, charitable giving, and tax purposes. However, one of the most important reasons to appraise your artwork is to protect your assets with the appropriate insurance coverage. In this world where damage, destruction, or theft are always a possibility, having documentation of your assets’ value becomes crucial in case of a claim.
The Art Appraisal Process with AVI
Through our Appraisal Services, your artwork will be analyzed by our experts. The AVI art appraisal process follows USPAP1 guidelines to ensure its accuracy, as well as give you peace of mind for its transparency and ethics. There are many factors that our experts will take into consideration, such as the artwork’s condition, provenance, the artist who created the piece, and its artistic significance. They will also look into its sales history, relevant market trends, and conduct further research as needed.
Protect Your Art with Our All-Inclusive Package
We offer several packages to appraise your assets and when it comes to your artwork, we recommend looking at our All-Inclusive Package. With this package, AVI will take inventory of your entire home and appraise all your personal property assets. In addition to that, the All-Inclusive Package comes exclusively with an Asset Manager Service that keeps your inventory and appraisal information current. Items can be updated in real time, an important factor to consider if you plan on purchasing more valuable artwork to grow your collection.
Antiques and fine art appraisal is a complicated process with an end goal of providing you with an accurate valuation. Regardless of whether the artwork was passed down generation by generation or bought at an auction, it will have a value associated with it and knowing that value is important.
Safeguard your assets and get peace of mind with Asset Verification, Inc. (AVI). Based in Florida, we are here to serve you with the utmost professionalism and expertise in all property appraisal and inventory services.
To speak with us about having your home’s contents, including your fine and decorative art, inventoried and appraised, please contact us.
(1) USPAP-compliance refers to the Uniform Standards of Professional Appraisal Practice that set performance and ethical standards for certified appraisers. These standards are designed to ensure that your valuations are developed in an unbiased manner to the highest standards in the appraisal industry.