We appraise the value of art for many purposes including insurance policies, estate planning, loan value, taxes, divorce settlement, and sales.
The one constant in the art market is that prices constantly change. If you have not had your artwork appraised recently, you may be surprised to find what is currently worth. A good rule of thumb is to have your art appraised every five years to ensure that you have a fairly recent valuation upon which to rely.
We provide informal estimates for those in need of a quick estimate of value, with a turnaround time of one to two weeks. If you have purchased a Toulouse-Lautrec online, for example, you will have only a short time to decide to keep or return it. Knowing its current value quickly will allow you to comfortably finalize your purchase or return it instead. A more thorough valuation of your art is critical for insurance policies and other purposes.
We at Toulouse-Lautrec Experts go above and beyond the basic appraisal. We consider more than auction reports, sales databases, or price guides - we consider the artistic merit of each work of art. This requires years of well-honed professional judgment and an extensive knowledge of art history. We can determine the sometimes subtle differences between a merely good example of an artist’s work and one that is truly superior. These differences can mean that one example is worth thousands, while another is worth millions.
In 2007, Christie’s offered an oil and charcoal drawing of a masquerade ball by Henri de Toulouse-Lautrec. At the time, the appraised value was estimated to be $6,000,000 to $8,000,000, which became the starting point for bidding. Ultimately, the drawing was sold for $10,121,000. If Christie’s did not have an accurate market price at which to begin bidding, the drawing could have sold for considerably less than it was finally worth. Thus, an appraisal is a starting point at which one should offer a work of art in order to ensure that bidding begins at fair market value, not less. Certainly an authentic Toulouse-Lautrec can sell for more than its appraised price, but to begin the process you need an accurate estimate of its current value and Toulouse-Lautrec Experts will provide that.
Contact us for an accurate and thoughtful appraisal of your Toulouse-Lautrec work of art.
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