Victoria Shaw, AAA’s Post

View profile for Victoria Shaw, AAA, graphic

Art World Swiss Army Knife

Here's an interesting article from artnet about the differences in the Gallery vs. the Auction markets. This is a scenario that appraisers and advisors often confront: how to reconcile variations between public auction records and the prices achieved at art fairs. For an insurance appraisal, we ensure that our valuations are consistent with Retail Replacement Value, reflected by gallery sales at art fairs. But we look to public auctions for Fair Market Value for an Estate Tax or Donation appraisal. Depending on the artist, Fair Market Value can sometimes be lower than Retail Replacement Value. https://lnkd.in/ebu8fyC8 #artmarket #artworld #insurance #artinsurance #estateplanning #estatetaxes #charitablegiving #artcollector #artappraisal #artadvisory #contemporaryart #artnet #artgallery #artauction

Sterling Ruby's New Paintings Sold for $550,000 Each at Frieze New York. Are They Worth That? | Artnet News

Sterling Ruby's New Paintings Sold for $550,000 Each at Frieze New York. Are They Worth That? | Artnet News

https://news.artnet.com

Yossi Marchette

Welcome to my page together we will explore creativity and make the world a better place

2mo

they are worth what people pay for them, there isn't really a significant contribution to contemporary art, this is a gagosian product, marketing marketing and marketing

Art Deziner

I love creating ART for purpose.

2mo

Worth reading article, thanks for sharing it.

Ivan Alexiev

Ivan Alexiev est. 1936. Creating Beauty,Delivering Excellence - Visual Artist at Ivan Alexiev Visual Arts

2mo

Thanks for sharing

Knowledgeable and well informed.

See more comments

To view or add a comment, sign in

Explore topics