Business Matters in the Visual Arts LLC Will Appraise Your Art Work
Jeremy Stone works with individuals who are both private collectors and those who make the acquisition decisions for their companies. For 30 years, Jeremy Stone has assisted seasoned, sophisticated collectors and those beginning to collect modern and contemporary art.
Fine Art Appraisal reports are needed for many different purposes: Charitable Contribution, Estate Tax, Division of Property, Insurance Coverage, Gifting and Sales Advice. In all cases, the works of art need to be examined in person for condition, signature and medium, as well as measured and photographed. Documents relating to the acquisition of the work should be available for review, as well as any prior appraisals, catalogues, books or articles should also be made available.
The artist and the specific work(s) are researched for replacement value, fair market value, marketable cash or liquidation, depending on the purpose of the report. All auction and gallery market levels are carefully analyzed and scrutinized.
As an Accredited Senior Appraiser, Fine Art and Member of the American Society of Appraisers (ASA), all of her fine art appraisal reports are in compliance with USPAP (Uniform Standards of the Professional Appraisal Practice). In June 2016, Jeremy Stone joined the board of the NorCal Chapter as the new Chapter Chair, Personal Property.
Hear Jeremy Stone discuss Art Appraisals: Why, When and How? at the One Art Nation Art Symposium from October 12, 2014 at Art Silicon Valley in San Mateo, CA.
Appraisal reports are private financial documents. We respect and protect the privacy of our clients. Section 4.1 of the Principles of Appraisal Practice and Code of Ethics of the American Society of Appraisers states: “The fact that an appraiser has been employed to make an appraisal is a confidential matter. In some instances, the very fact of employment may be information that a client, whether private or public agency, prefers for valid reasons to keep confidential. Knowledge by outsiders of the fact of employment of an appraiser may jeopardize a client’s proposed enterprise or transaction. Consequently it is improper for the appraiser to disclose the fact of his/her engagement, unless the client approves of the disclosure or clearly has no interest in keeping the fact of the engagement confidential, or unless the appraiser is required by due process of law to disclose the fact of his/her engagement.” With this in mind, a selected list of clients is available only upon request. I only list or offer clients as references with their express permission.