Offering tailored art appraisal services & consulting for: individuals, museums, and corporations.
CHARITABLE DONATIONS
Thinking about making a charitable contribution of your artwork? Philanthropic intentions bring the benefit of associated tax deductions and the IRS has strict regulations governing non-cash donations. Having the proper documentation created by a qualified appraiser is just one of the basic requirements--Elmore Art Appraisals fulfills all the IRS-qualifications and starts off your contribution and eventual tax credit filing on the right foot.
EQUITABLE DISTRIBUTIONS
Life and loves can change rapidly, amicably or not, and Elmore Art Appraisals understands the complexities involved with dividing up personal property that is commonly owned. As an impartial appraiser, we bring objectivity to such endeavors by providing clear and unbiased monetary values.
ESTATES
Do you have, or are in charge of, or just inherited, an estate filled with artwork? Managing objects that are unfamiliar can be daunting, especially when you are unsure of the monetary value in their present condition and location. Having a professional art appraiser evaluate the objects puts you in a more responsible position to make decisions for yourself, and, often more importantly, for others possessing your estate in the future.
INSURANCE
The value of your artwork can fluctuate with the market, which makes having updated appraisals necessary for considering coverage rates with a new insurance policy or for reviewing your current one. Appraisals are also necessary for damage or loss claims--why not be prepared before something happens to your artwork.
RESALE
You might have reached a point in your life that you are now down-sizing to a smaller home or, perhaps your artistic tastes have evolved, or maybe you scored something at a local antique show or even more simply, perhaps the economy has compromised your financial stability. Whatever the case may be, there are many reasons why selling your art is a viable and necessary means to an end. In such cases, having a current market value on your object(s) and knowing where to go to sell your artwork will give you not only a leg-up in the marketplace but, it will also arm you to better negotiate with other collectors, dealers, and galleries.
Our appraisal services include both written and verbal appraisal reports that provide qualitative and quantitative data leading to a current monetary value of your artwork. Types of value analyses include finding Fair Market Value (FMVs), Estimated Replacement Costs, Losses of Value, potential Resale or Retail pricing, and other Market Values.
All written appraisal reports contain thorough and accurate documentation including physical descriptions of the artwork with condition notes, known provenance, and photographs; some reports also contain comparative analyses, artist biographies, and historical-cultural contexts.
Other retained services include general art consultations and valuations, collection management, annual assessments, estate planning, and overall guidance for acquisitions and deaccessions.
Our customized attention to art collections has been proven to be invaluable for Clients keeping track of investments.
Fees
Conversations about any of our services are always free.
$200 per hour for:
inspections, report writing, research, authentications, verbal and written opinions of market value, document preparation, and engaged or goal-oriented consultations.
$250 per hour, in advance, for: expert witness services including depositions, pretrial conferences, court appearances, and court preparations.
When needed, extra expenses from outside experts engaged for the project will be transferred directly to the client without any additional charges.
We will gladly travel to you,
just be advised that any expenses incurred for travel and accommodations
will be a cost for the client (a per diem charge can also be discussed).
Some transactions are subject to
New Mexico Gross Receipts tax.
Rates do not include mailing charges for documents.