Fine works of art can be of very high value and are one of a…
Having your art appraised can be a huge benefit if you’re serious about art collecting. You may want this done for tax purposes, estate division, or to determine the market value of your pieces. Regardless of the reasons, you’ll need the services of certified fine art appraisers to get the job done right. Here are some qualities to look for in this professional.
1. They Are Recommended by Art Galleries
You can connect with a quality appraiser through the recommendations of other art collectors, galleries, and even wealth managers. The best art appraisers will have reputations and connections with other professionals in the industry that lead you to an art valuation expert you can rely on.
2. They Have Significant Experience and Proper Qualifications
Certified fine art appraisers will have completed relevant courses that qualify them for this position. Courses could include Residential and Contents Course from the ISA, or Fine Arts Course from the ISA. These courses help to boost their credibility as an appraiser. American artists appear in 40% of art collections worldwide, according to Artsy. It’s beneficial to ensure that the appraiser has had extensive years of experience in the U.S. market alongside the global market.
In order to be legitimately certified, an appraiser should have an accreditation with a professional appraisal organization such as the ISA or the ASA. You should ask to see these credentials before working with an art appraiser.
3. They Have a Successful Track Record
It takes a seasoned art appraiser to truly be able to value antique art. Experienced appraisers will have records of data to back up their appraisals. This data can help to make their valuations more accurate and presentable to institutions such as insurance companies.
4. They Are Skilled with Professional Reports
A qualified appraiser will know how to present professional reports that you can submit with confidence. Art appraisals are often done for insurance purposes, wealth management, or for possible art sales. Any of these instances will require that your appraisals are documented and reported accurately with solid comparison data to back up the valuation. If the professional you’re working with can’t perform these tasks, their valuations will be useless to you.
If you’re in need of certified fine art appraisers, please contact AA Fine Art today. We are here to answer any questions you may have about the appraisal process and art valuation.