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The art market is entering its fifth consecutive record-setting auction season, a bull market by all measurements. During times of dramatically changing market conditions in any industry, asset owners should be particularly alert. Why be caught holding the bag if your artwork has appreciated and selling conditions smack of opportunity? Why be oblivious to buying opportunities for a deal on emerging artists or an undervalued niche? Why be underinsured when nothing is predictable these days?
Artnet's Estimate Reports are the easy way to mark-to-market your artwork, whether it be a painting, sculpture, drawing, print or photograph. Gone are the high costs and endless waiting for certified appraisals. Rather, we condense our affordable, rapid turn-around process into five easy steps:
1. Send us your digital photo by e-mail and the very basic descriptive information for the artwork.
2. Our analysts closely scrutinize all records in the signature artnet Price Database to see whether available auction transactions can support an estimate. We examine such attributes as size, medium, date of work, and subject matter, and we make seasoned judgments about comparable artworks that are available.
3. Within 24 hours, we contact you by e-mail or phone with the "go, no-go" decision. If we can't help you, it is usually because (a) too few auction records for your artist exist in the most robust auction database in the world, or (b) those records that exist for the artist under review are not comparable to your specific piece.
4. If we are able to go forward with a report, we ask you for your contact and credit card information to open an account.
5. Within 48 hours, we provide not only an estimate, but pictures and lot information (description of artwork, estimates, final prices, date of sale, auction venue) for the art transactions that support our estimate.
The results of an artnet Estimate Report will certainly be revealing and could save you substantial money and headache. The cost is $79.99 per report. Even if you intend to "forever hold your piece," why not know what it is worth?
Interested? Please submit your digital photo and information to kradell@artnet.com or for more information, click here.
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Get a value estimate
Create a file of artworks comparable to your unique piece
Avoid costly appraisal fees and time delays
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Sample artnet Estimate Report
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