Independent, trusted, professional fine art valuation services
Comprehensive appraisals for fine art assets
The ability to make informed financial decisions and protect your finances relies on knowing the value of your fine art assets. Be certain of its value by engaging a qualified and accredited professional personal property appraiser.
Choose Artefact Fine Art for ethical and unbiased appraisals, free of conflicts of interest, diligently researched analyses, and intelligible credible results. Utilizing appropriate appraisal methodology and data we provide reliable and comprehensive value conclusions paired with the art expertise of an art historian with thorough knowledge of fine art assets. We have experience dealing with cultural property, complex insurance claims, high value fine art objects and HNW collectors.
Our appraisal reports are written to the highest industry standards and fully compliant with both the Uniform Standards of Professional Appraisal Practice (USPAP) and the International Society of Appraisers (ISA) Code of Ethics and Report Writing Standard.
Why work with a professional credentialed appraiser?
In a self-regulated industry, selecting a credentialed fine art appraiser is essential. Working with a credentialed fine art appraiser ensures you receive an accurate, unbiased valuation backed by expertise and adherence to professional standards. Make informed decisions to protect your assets.
Featured appraisal insights
Services
Our appraisal services are based upon a code of ethics and deontology assuring quality, trusted and reliable reports. As an active member of a professional appraisal association our appraisal reports adhere to the highest industry standards and are fully compliant with the Uniform Standards of Professional Appraisal Practice (USPAP) in addition to the strict requirements and ethical standards of the International Society of Appraisers (ISA).
USPAP is the recognized ethical and performance standard setting the benchmark for the appraisal profession in North America. It is relied upon by museums, attorneys, insurers, and government agencies such as the Canada Revenue Agency.
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When donating property to registered charities, you may qualify for a tax credit. An accurate gift tax appraisal that determines the fair market value (FMV) of charitable contributions assist in the donation decision-making process.
Certified cultural property donations offer the greatest tax benefits, as they’re not subject to capital gains tax. For certification of cultural property the Canadian Cultural Property Export Review Board (CCPERB) require third-party appraisal reports that adhere to their specific strict guidelines. We provide appraisals for gift-in-kind donations as well as for cultural property certification, as they particularly adhere to CCPERB’s specific set of requirements.
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A professional insurance appraisal is critical when insuring artworks. An appraisal report specifically tailored for insurance purposes will minimize risk of not receiving the full value for your fine art while ensuring you’re not overpaying for coverage. As values change, remember to update appraisal reports every 3-5 years to ensure continued proper coverage.
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A professional appraisal is essential when handling insurance claims involving artworks for proper compensation. It accurately assesses damage, determines any loss in value, and supports fair settlements in an unbiased manner. Collaborating with conservators when needed, an expert appraisal ensures that claims and disputes are resolved effectively.
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ISA Accredited Members are recognized by the courts to provide expert testimony before judicial and quasi-judicial bodies. USPAP compliant appraisal reports and appraisal reviews ensure comprehensive and independent opinions trusted by legal professionals to help settle disputes.
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An equitable distribution appraisal ensures a fair and impartial distribution of property in cases of divorce, partnership dissolution, or bankruptcy. These detailed reports adhere to jurisdictional laws and are prepared for a court of law.
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Knowing the true value of your estate is essential for estate planning and understanding estate administration taxes. Estate appraisals assist with equitable distribution between heirs and assist in asset management and planning.
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There are other types of appraisal and valuation services we offer. Get in touch for more information regarding appraisals for collateral and loans, fractional appraisals, appraisal reviews and complimentary yearly reviews for market fluctuations.
While we also sometimes provide sales estimates, or approximations of value, these services are not considered formal appraisals and are for very limited purposes.
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Artefact Fine Art offers clients professional cataloguing services, because a properly inventoried collection gives clients peace of mind – whether for insuring fine art, estate planning or general asset management. Our cataloguing services include full inventory documentation, provenance research, artist bibliographies, condition assessments, high quality photography, an organized detailed database or spreadsheet of your collection and more.
We also offer our clients recommendations and guidance concerning conservation, transport and storage. We can also help direct you to quality framers and advise on the most suitable hanging and display arrangements for your art collection.
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We are committed to advising novice or seasoned art collectors alike on best practices to establish or grow their current art collections. Collections, like their passionate collectors, are unique in style and tastes which can alter over time. Whatever our clients’ goals are, we guide them in making sound investment decisions when buying fine art assets, as well as advice on selling artworks from corporate or private collections.