Three Levels of Art Appraisal
Before selecting one of the three appraisals we offer (Restricted Use, Summary, and Self-Contained), you first need to identify your needs and consider your ultimate goals in commissioning a professional appraisal. We want to insure that you choose the kind of appraisal that works best for you. The three options differ is in the amount of detailed information provided and the intended use of the report. We adhere to the different levels of appraisal set forth in Uniform Standards of Professional Appraisal Practice, p. A-24. Restricted Use Appraisal provides the minimal information needed for appraisal purposes. Summary Appraisal focuses offers more information and some analysis in a relatively concise form. Self-Contained Appraisal connotes more detail and comprehensive analysis.
Remember: You don't have to be an expert about your art work before you approach us--otherwise you probably would not be seeking a professional appraisal in the first place! Our Chinese art specialists are happy to discuss your object or collection and help you figure out your appraisal needs. If you still have questions after reading about the three levels of art appraisal, contact us and we'll be happy to help you analyze your needs.
A well-composed art appraisal report helps you realize your vision in complete confirmity with the law. You are in very good hands.
Elements of a Self-Contained Appraisal Report
- Identity of the client and any intended users, by name or type.
- Intended use of the appraisal.
- Identification of the object and its value characteristics.
- Property interest appraised.
- Type of value, and the source of value definition.
- Effective date of the appraisal and the date of the report
- Scope of work used to develop the report.
- Information analyzed, the appraisal methods, and techniques employed, and the reasoning that supports the analyses, opinions, and conclusions; exclusion of the sales comparison approach, cost approach, or income approach explained.
- Use of the property existing as of the date of value and the use of personal property reflected in the appraisal; and, when an opinion of highest and best use or the appropriate market or market level was developed by the appraiser, the support and rationale for that opinion described.
- Statement of all extraordinary assumptions and hypothetical conditions; and that their use might have affected the assignment results.
- Qualified Comparables and market analysis.
- signed certification.
- Statement of confidentiality, limiting and qualifying conditions.
- Appraiser's qualifications.
- Bibliography.
- Glossary.
The Quality of Our Chinese Art Appraisal Report
Our customers have the incomparable advantage of our scholarly expertise. With a Ph.D. in Chinese art history, we possess the highest academic credentials, unmatched in the field. A Self-Contained Appraisal Report (Level 3, below) by our experts represents the gem of our professional services.
We pledge to help you get what you need for your art work at the minimum cost. We provide art appraisals for owners of Chinese art who need an appraisal for a wide range of purposes, including insurance, charitable contribution, estate distribution, dissolution of marriage, equitable distribution, pre-nuptial agreement, consultation for acqusition or disposition, and bankruptcy. Our formal art appraisal report will provide the essential information and documentation you need to make informed decisions about sales and marketing, charitable donations, or formal insurance claims. Our appraisal report follows the Uniform Standards of Professional Appraisal Practice. Our Chinese art appraisers rigorously follow the Ethical Standards and Competency Requirements for Appraisal Practice established by The Appraisal Foundation. Every piece of critical information relevant to your artwork is thoroughly investigated and analyzed. Our research results are presented in a thorough, comprehensible, and objective manner. Each appraisal report bears the signature and seal of our Chinese art specialist. Quality, expertise and professionalism are guaranteed.
Please Contact Us, or call us at (609) 688-6891, if we can be of any professional assistance to you.
We Appraise All Media of Chinese Art
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