One of the most common questions I hear, especially from artists, is “What is my art worth?” While this is a completely valid question, it’s important to understand that the answer depends entirely on the context. There is a big difference between pricing art and appraising art, and knowing which is appropriate can save a lot of confusion and lead to better decisions for everyone involved.

Understanding how appraisers charge for their services can be confusing. This blog post aims to clarify how appraisal fees are determined, emphasizing the importance of hiring a qualified professional who adheres to ethical standards.

More often than not, clients request an appraisal, assuming that there is a one-size-fits-all report that can satisfy any need. However, valuation services are more nuanced, with each type tailored to specific purposes. Understanding these differences is crucial in ensuring that you receive the appropriate report for your needs, whether it's for insurance, estate planning, donation, resale, etc.

Art lending and financing, where artworks serve as collateral, have become a growing trend among collectors and investors. Central to this process is the art appraiser, whose role is crucial in determining the value of artworks used as collateral.