When a donataion appraisal
is needed
• Gifts to museums and cultural institutions
• Contributions by individuals, trusts, or estates
• Documentation for federal income tax reporting
• Single artworks or complete collections
• Coordination with tax and legal advisors
• Planning before the contribution is completed
How Fair Market Value
is determined
Fair Market Value is developed from relevant market evidence and the specific characteristics
of each work. Analysis considers comparable property, primary- and secondary-market activity,
quality, condition, provenance, exhibition history, date, rarity, and other factors affecting value.
What the report includes
• Stated intended use and applicable value definition
• Photographic documentation
• Market analysis
• Analysis of how comparable property relates to the
Subject Property
• Fair Market value conclusions
• Complete artwork descriptions
• Provenance, exhibition history, and condition
information, when available
• Relevant comparable sales
• A valuation narrative supporting each value
conclusion
• A clearly organized, illustrated appraisal report
Independent expertise
AAA Accredited Member | USPAP-compliant practice since 1997 | Post-War and Contemporary Art
Discuss a donation appraisal
Tell us about the artwork or collection, the intended recipient, the contribution date and your timing.