ARTSmart New England
ARTSmart creates art appraisals for insurance, estate, IRS, donation, and resale value.
The Value of a Current Art Appraisal
Artsmart provides clients with current art appraisals written by a qualified and experienced appraiser. ARTsmart reports include complete descriptions of the artwork and artist, information regarding methodology, research details, and the qualifications of the appraiser. In short, you will receive a well research document written by a qualified person who has educational qualifications in appraisal studies. Reports are USPAP compliant.
Our appraiser has no interest in your property as an auctioneer, or art dealer. A conflict of interest can result if the person appraising the property has an interest in buying it now or later. At ARTsmart we believe appraisers should always work on behalf of the client. The value of an unbiased qualified appraiser is considerable when determining the value of artwork and deciding what is in the best interest of the client. In addition, an "appraisal/receipt" from the dealer who sold the item is generally not acceptable. It not only lacks the detail needed, but it also does not follow the proper format and rarely are dealers qualified appraisers. Even if the dealer is a qualified appraiser the conflict is immediate and will be questioned by any insurance company. In addition, it is never acceptable to use a receipt as a document for IRS, division or estate purposes.
Artsmart is happy to give you examples of artists, we have appraised whose works are similar in style, medium and value to your own. We can give you examples of how we have have worked with insurance companies and clients settle claims. We can help you determine the best approach for your own insurance needs.