Total billable hours for your project will depend the type of appraisal required, the number of items to be appraised, and the amount of information you are able to provide before we begin.We apply our years of experience to consider the quality, relative importance, history and condition of your artwork. We then analyze recent sales of similar works at auction, galleries and dealers to provide you with the most accurate, objective valuation possible.
For most standard appraisal assignments: During a typical onsite visit to a home or office, we can inspect, catalogue and photograph approximately ten works of art per hour. Three hours of research, valuation and report writing at our office will then be required to complete the assignment. Total cost for this 10 item appraisal report: $1,400.00. (1 hour of inspection plus 3 hours of research x $350.00)
For IRS compliant appraisal reports: These reports for donation and estate purposes require additional research and compliance with IRS statutes. Appraisals submitted to the IRS with values above $50,000.00 are reviewed by an expert panel for accuracy. The appraiser must therefore apply the highest level of care and diligence in preparing these reports. Minimum charge: $2,800.00 (8 hours at $350.00 per hour)
Our reports conform to the Uniform Standards of Professional Appraisal Practice.
We will appraise from photographs with limiting conditions.
Terms of Service:
We send you a written estimate and service contract. The signed contract and 50% of the estimated fee is required on or before the inspection date.
We set an inspection date with you at your home or business. Travel outside of greater Los Angeles is subject to a charge of $175.00 per hour.
We research the items, prepare the report and arrive at our valuation in approximately two to three weeks from the inspection date. Please allow four to six weeks for estate and charitable contribution reports.
We e-mail you a draft of the completed report for your review.
Upon receipt of payment for the balance due, we email you a signed PDF of the completed report.
