Art valuation or art appraisal, an art-specific subset of financial valuation, is the process of estimating the market value of works of art. Art valuation involves comparing data from multiple sources such as art auction houses, private and corporate collectors, curators, art dealer activities and specialized market analysts to arrive at a value. Art valuation is accomplished not only for collection, investment, divestment, and financing purposes, but as part of estate valuations, for charitable contributions, for tax planning, insurance, and loan collateral purposes.
Qualifications of a Certified Appraiser: Certified Membership represents the highest level of accomplishment for members of the Appraisers Association. Certified Members have the most extensive level of expertise, qualifying education and a minimum of ten years of experience as an appraiser of personal property, specializing in the fine arts.