Playing It Safe With Appraisals Appraising an artwork is one important step especially if you are building a collection. Thus, you should take every precaution there is to appraise your art correctly. If you are new to this kind of trade, it can be really hard on your part. The good thing is, there are resources and appraisal organizations that can help you comprehend appraisal needs that you have. Importance Of Appraisal Not only is having an appraisal important, but also updating it is crucial, so that your insurance coverage on specific artworks or collections can be updated. You are usually obliged to have a current art appraisal, if your art has insurance claims, charitable donations, estate tax, is for equitable distribution or for sale. There are various kinds of art appraisals, such as replacement value and current value. However, you should make sure that you know each and their differences in order to get appraisals that would fit your needs. Here are some of the most established appraisal associations that can help you out with your artwork appraisal needs. American Society Of Appraisers (ASA) This is an organization for appraisal professionals and other people who may be interested in the profession of appraising. They have an international status, and are very independent and self-supportive. They’re also the oldest among appraisal orgs and the only major organization that represents all different disciplines of the appraising industry. They started back in 1936 and became incorporated in 1952. You can find ASA’s headquarters in Washington, D.C. Appraisal Foundation (AF) This foundation is a not-for-profit educational group that is dedicated for the development of professional valuation. It was established back in 1987. Since the foundation started, they have worked hard to promote professionalism in field. Appraisers Association Of America (AAA) For the field of personal property appraisal, this is considered to be the oldest non-profit professional organization. They’re a recognized authority for determining appraisal standards, setting legal issues and regulating the profession. Their certified members can provide you appraisals for your decorative and fine arts, jewellery, and other household contents. Art Dealers Association Of America Art Appraisals (ADAA) This association has been existing for more than fort-five years already. Their service has been appraising different artworks for tax purposes. A lot of collectors and museums have asked their help in determining the value of many important artworks, ranging from contemporary art installations to old master paintings. Their appraisals have exceptional acceptance records with the IRS. They’re also well-known because of their professional quality. Chicago Appraisers Association (CAA) Don’t be fooled by their association’s name. They’re not just one appraiser with a limited knowledge in a single area, specifically Chicago; instead, they’re one whole team of certified experts that are ready to help you with your appraising needs. If you checkout their website, you can find some helpful articles on appraising and some of the frequently asked questions in the field, answered. The International Society of Appraisers (ISA) This member-driven and non-profit association was formed to help its member’s needs and provide public service by making ethical, highly qualified, recognized appraisers for the field of personal property appraisals. They have a lot of prestigious members who are independent and respected appraisers, estate liquidators, auctioneers, consultants, dealers and gallery owners. So, if you want to make sure that you’re getting the right appraisal for your artwork at hand, then try asking for help from such credited institutions!

Playing It Safe With Appraisals

Appraising an artwork is one important step especially
if you are building a collection. Thus, you should
take every precaution there is to appraise your art
correctly. If you are new to this kind of trade, it
can be really hard on your part. The good thing is,
there are resources and appraisal organizations that
can help you comprehend appraisal needs that you have.

Importance Of Appraisal

Not only is having an appraisal important, but also
updating it is crucial, so that your insurance
coverage on specific artworks or collections can be
updated. You are usually obliged to have a current art
appraisal, if your art has insurance claims,
charitable donations, estate tax, is for equitable
distribution or for sale.

There are various kinds of art appraisals, such as
replacement value and current value. However, you
should make sure that you know each and their
differences in order to get appraisals that would fit
your needs. Here are some of the most established
appraisal associations that can help you out with your
artwork appraisal needs.

American Society Of Appraisers (ASA)

This is an organization for appraisal professionals
and other people who may be interested in the
profession of appraising. They have an international
status, and are very independent and self-supportive.
They’re also the oldest among appraisal orgs and the
only major organization that represents all different
disciplines of the appraising industry. They started
back in 1936 and became incorporated in 1952. You can
find ASA’s headquarters in Washington, D.C.

Appraisal Foundation (AF)

This foundation is a not-for-profit educational group
that is dedicated for the development of professional
valuation. It was established back in 1987. Since the
foundation started, they have worked hard to promote
professionalism in field.

Appraisers Association Of America (AAA)

For the field of personal property appraisal, this is
considered to be the oldest non-profit professional
organization. They’re a recognized authority for
determining appraisal standards, setting legal issues
and regulating the profession. Their certified members
can provide you appraisals for your decorative and
fine arts, jewellery, and other household contents.

Art Dealers Association Of America Art Appraisals
(ADAA)

This association has been existing for more than
fort-five years already. Their service has been
appraising different artworks for tax purposes. A lot
of collectors and museums have asked their help in
determining the value of many important artworks,
ranging from contemporary art installations to old
master paintings. Their appraisals have exceptional
acceptance records with the IRS. They’re also
well-known because of their professional quality.
Chicago Appraisers Association (CAA)

Don’t be fooled by their association’s name. They’re
not just one appraiser with a limited knowledge in a
single area, specifically Chicago; instead, they’re
one whole team of certified experts that are ready to
help you with your appraising needs. If you checkout
their website, you can find some helpful articles on
appraising and some of the frequently asked questions
in the field, answered.

The International Society of Appraisers (ISA)

This member-driven and non-profit association was
formed to help its member’s needs and provide public
service by making ethical, highly qualified,
recognized appraisers for the field of personal
property appraisals. They have a lot of prestigious
members who are independent and respected appraisers,
estate liquidators, auctioneers, consultants, dealers
and gallery owners.

So, if you want to make sure that you’re getting the
right appraisal for your artwork at hand, then try
asking for help from such credited institutions!

Art Collecting: A Beginners Guide

Art Collecting: A Beginners Guide

Art collection is a very stimulating and inspiring
hobby for all. It isn’t just for the rich and famous,
but even regular everyday people too. There are
various forms of art that you can choose from,
especially since art’s definition can greatly vary
from one person to another. However, it doesn't really
matter whatever its form is, you’re the one to make
the call on which is attractive and how much are you
willing to spend for such piece.

To Go For Prints Or Originals?

In the art world, some people may look down on others
due to their different tastes in picking out art. For
instance, there are those people who only buy original
works and would never even consider buying prints.
However, you should take note that if you’re just
starting to collect art and is doing this for
enjoyment then originals are not really necessary to
buy, especially if they’re way out of your budget.

There is really nothing wrong with buying prints. In
fact, these are one superb way to have framed art that
would look lovely on your wall, just like how an
original would look, but at a way lower price.
Although here, you would not be having the same
texture as to the original work; since originals
usually show dimension and texture, while prints
won't. However, well printed artworks are not settling
of course.

In fact, a lot of art collectors have art prints by
different artists, which were fairly bought
inexpensively from the Internet, galleries and art
fairs. Amazingly, such pieces still look tasteful and
classy, instead of cheap looking like what most people
expect.

All Framed Up

Once you spot an original or print that you like, you
have the option to frame it by yourself or get
somebody else to do it for you. Generally, you can
find frames in a vast price range, starting from
cheaper metal frames to ornate and hand carved wooden
frames costing you a fortune.

With regard to using mats, which is another way of
framing your picture inside its frame by the use of
papers or illustration boards, you should take note
that such could detract your print. If you don't know
how to frame, then you should get your piece and get
it framed first. While doing so, observe how they’d
offer you different mats and frame styles.

You don’t have to hasten up when picking out the mat
you want to use. In fact, you should take your time
and deliberate on it carefully, since the mat and
frame color combinations can have a great effect on
how well or bad your artwork would look. You should
also consider how the frame would fit-in in whatever
place you’ll put it, like your home or your office.

If you want a clean and contemporary look, it’s
recommended that you use the Nielsen brushed metal
frames, which are not only cheap but are still elegant
looking too. These usually come in different colors.
Nevertheless, it’s safe to go for black or bronze.

If you’ll be placing them in a gallery, bronze would
also do well, especially since it wouldn’t cost you
too much. After all, most people that buy art from
galleries would have the art they bought re-framed in
able for it to match their home decor.

If more of a wood type of person, you can also get
wooden frames that are naturally stained. Cherry and
mahogany are the most preferred styles when it comes
to wooden frames, since their deep and reddish color
bring an elegant look to any artwork.

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