Stonetown
New Member
๐จ๏ธ 224
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July 2019
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Sotheby's: Insurance appraisals any good? , by Stonetown on Oct 13, 2020 22:43:35 GMT 1, Hi folks. Has anyone used Sotheby's to appraise their art? They charge $500 to appraise so I'd hope they would be good at it. Before I pay them, I'd love to hear any feedback or experience. Or any alternative options that an insurer would accept. A gallery etc. Thanks in advance.
Hi folks. Has anyone used Sotheby's to appraise their art? They charge $500 to appraise so I'd hope they would be good at it. Before I pay them, I'd love to hear any feedback or experience. Or any alternative options that an insurer would accept. A gallery etc. Thanks in advance.
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Sotheby's: Insurance appraisals any good? , by Levi Stubbs Tears on Oct 13, 2020 23:01:11 GMT 1, It will be interesting to see if they are more realistic than the bearish values their auction team apply.
It will be interesting to see if they are more realistic than the bearish values their auction team apply.
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LJCal
Junior Member
๐จ๏ธ 2,980
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December 2019
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Sotheby's: Insurance appraisals any good? , by LJCal on Oct 14, 2020 0:23:14 GMT 1, What is the value of the piece approx? Unless the piece is worth hundreds of thousands that is alot to pay, check the terms of your insurer as often they'll accept valuations from smaller galleries and auction houses who will charge less.
What is the value of the piece approx? Unless the piece is worth hundreds of thousands that is alot to pay, check the terms of your insurer as often they'll accept valuations from smaller galleries and auction houses who will charge less.
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LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
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Sotheby's: Insurance appraisals any good? , by LJCal on Oct 14, 2020 0:27:03 GMT 1, It will be interesting to see if they are more realistic than the bearish values their auction team apply.
It will be interesting to see if they are more realistic than the bearish values their auction team apply. I'd expect they would have alot of negligence claims if they did, the basis of each valuation is usually very different and so is the aim. Most insurance valuations cover the replacement cost of a piece including all fees etc and assuming for scarcity. Auction estimates are meaningless and they pretty much acknowledge that they try and pitch pieces lower than their likely hammer price, this if often no bad thing. |
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Knowss
New Member
๐จ๏ธ 369
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November 2019
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Sotheby's: Insurance appraisals any good? , by Knowss on Oct 14, 2020 15:27:04 GMT 1, Reach out to Philips
Reach out to Philips
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Stonetown
New Member
๐จ๏ธ 224
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July 2019
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Sotheby's: Insurance appraisals any good? , by Stonetown on Oct 14, 2020 15:58:19 GMT 1, Thanks for the advice guys!
I will do some more looking around to see who might qualify and be a bit cheaper than Sotheby's.
Thanks for the advice guys!
I will do some more looking around to see who might qualify and be a bit cheaper than Sotheby's.
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