Our Services

INTRODUCTION

Art Appraisal for Charitable Donation Purposes

An Appraisal Report includes the following services:

•     Evaluate work(s) of art by digital photograph or in-person (as appropriate)

•     Appraise selected work(s) with appropriate market consultation

•     Provide Fair Market Valuation through the Sales Comparison Approach (TBC)

•     Complete Declaration of Appraiser Form(s) 8283 for non-cash charitable contribution

•     Submit a hard-copy appraisal report document for donation purposes to Client

1.     Introduction

  • Receive available information about the art which may include the artist name, title, date of creation, origin, medium, dimensions, provenance, publication and exhibition history

  • Receive contact information of the receiving institution and (expected) date of transfer

  • Review art work by digital photograph

  • Review for any conflict of interest

2.     Engagement

  • Appraiser will arrange a meeting by phone to outline the steps for evaluation and provide an estimate for appraisal services

  • Client to review and sign an engagement agreement by PDF or hard-copy 

  • A deposit is required to begin research (preferred payment via Zelle using email address art@centerpieceadvisory.com).

  • A flat fee for services will be outlined in the agreement.

 3. Research

  • Once engaged, we will begin research of relevant markets and analyze recent sales and prices of comparable articles at retail establishments, galleries, private sales as well as international, national and regional auctions where such objects are normally traded

  • If external consultation is required, any additional fee or extension of deadline will be confirmed with the Client in advance

4. Review

  • Client will a review a draft of the Appraisal Report and return with comments, if any

  • Once approved, a final Appraisal Report will be provided to the Client by email* and in hard-copy (signed).

  • If required, a soft-copy of the two-page IRS 8283 Form will be signed by the appraiser and provided for tax preparation (NOTE: Appraiser may assist to pre-fill Part I Section A/B as appropriate.)

5. Wrap-up

  • Upon approval of the final Appraisal Report, an invoice will be submitted for the balance due.

  • With the final report and IRS 8283 forms in hand, the Client is advised to submit these documents to the receiving institution for confirmation of receipt

Our Appraisal Reports have been received by numerous US art institutions including: