Why Evaluate Art?

passion-icon

Art insurance

An insurance coverage is needed to safeguard art, for which a market valuation is mandatory

enrich-icon

Investing in art

Prior to investing in art, it is advisable to get a fair market valuation to assess future growth

creative-icon

Tax planning

As is the case with all assets owned, knowing the value of your art is needed for tax planning

legacy-icon

Estate planning

Art is a part of the legacy that is inherited by your successors; its value must thus be accounted for

investment-icon

Collection divestment

With the returns on art asset sales and related taxes, it is good to know the differential amount

gift-icon

Charitable donation

Given the financial value of art, it is advisable to have evaluated the artworks you wish to donate

Share Your Requirement

Our Valuation Process

custom-art
Phase 1

Survey

As the first step in the valuation process of the collection, our team will undertake a detailed physical inspection to survey each item. This includes:

  • Condition and authenticity assessment
  • Documentation of all important attributes
  • Photographic recording for visual detailing
custom-art
Phase 2

Valuation

The next stage involves an analysis of the item’s details with respect to industry data, to arrive at a fair market value of each item. In doing so, we use:

  • Our proprietory process for value estimations
  • All available data pertaining to the item and its artist
  • Global best practices for price benchmarking
custom-art
Phase 3

Report

As the final step we consolidate our survey findings and analysis into a detailed valuation report that will serve as the collection’s fair market value for:

  • Standalone, umbrella, and transit insurance policies
  • Distribution of assets for legal and administrative purposes
  • Wealth and inventory management of estate holder

To know more about how we can help with evaluating your collection, please feel free to download our firm profile or
contact us.

FAQs

Art valuation for insurance purposes ensures that your collection is accurately covered against loss or damage. By determining the fair market value, you can secure appropriate insurance coverage, safeguarding your investment.

Our artwork appraisal service starts with a detailed physical inspection, followed by an analysis using industry data to determine fair market value. The process concludes with a comprehensive valuation report that can be used for insurance, tax planning, and asset management.

Accurate art valuations are essential for tax planning, helping to assess tax liabilities and ensure compliance with tax regulations. Knowing the market value of your art collection can maximize potential tax benefits and aid in financial planning.

Art valuation is crucial for estate planning as it provides an accurate assessment of your art collection's value. This ensures fair distribution of assets to heirs and gives a clear picture of the estate's overall worth for legal and administrative purposes.

Yes, art valuation helps investors understand the fair market value of artworks, providing insights into potential returns. Accurate valuations are key to making informed investment decisions and evaluating the future growth potential of art assets.

The valuation report includes detailed findings from the physical inspection, analysis of market data, and the final fair market value of each item. It can be used for insurance policies, asset distribution, wealth management, and legal documentation, ensuring comprehensive art asset management.

Looking for something else?

To be honest, there is a lot that we really do; and it would have been just too much to put down all of it here. But we understand art. So we know that things can be unique and might need to be customized at times. The same can be the case with what you need help with.

Do share your details with us, and we'll do our best to help with what you're looking for.

Top