Our Select specialists are often called in to assist in the valuation of some of the most esoteric items one can imagine. In this case, we were called in to appraise an item out of legend – the tusk of a “Sea Unicorn,” better known as a narwhal. In actuality, though they are endangered, narwhals are not creatures of fantasy like their storybook peer the unicorn. Continue reading
The highest price paid for a work of art was $250 million in 2011. Obviously, there’s a lot of money in selling art. Unfortunately this also means there is a lot of money in producing forgeries.
One notable forger sold $60 million worth of phony Vermeers to a slew of people throughout Europe before being caught. When it comes to appraising fine art even the experts can get duped and when they do, buyers pay too high a price. Continue reading
As the 2014 football season kicks off, collectors around the world are actively trading Seattle Seahawk quarterback Russell Wilson logo patches cards, jerseys and other related memos. The unlikely Super Bowl champions hammered a crushing defeat to the favored Denver Broncos, 43 to 8. It was the largest point differential in 21 years. When it comes to sports, numbers matter. Where would sports be without its love affair with statistics? Continue reading
In determining the value of a painting, a number of factors must be considered, including the artist, provenance, the quality of work, period (date), and condition. In many instances we value paintings whose style and date of creation match those of well known artists though they lack signatures. School or Genre paintings are high quality works created in the same style of an artist but aren’t directly connected to them by signature or provenance. For example, many drawings in the market which cannot be attributed to Rembrandt yet have all the physical attributes of a Rembrandt are sold as “school of Rembrandt”. While an unsigned painting by a particular artist would have less value than a signed example by that very same artist, unsigned genre paintings do not command the highest prices in the marketplace.
Enservio Select recently took on the task of appraising a Picasso print, which valued at $12,000.00 at claim intake. Measuring 11 ½” x 8 ½” from the Vollard Suite, the appraisal described the piece as an etching on paper titled Jeune Sculpteur Finissant un Platre by Pablo Picasso dated March 25, 1933, edition 186/340.
Joan Miro, a monumental sculpture at the Yorkshire Sculpture Park in 2012
As appraisers, we cannot be authenticators; our role is to witness, identify, and value. At times, to value a property we rely on the “Principle of Identification” if not enough information is readily available. The Principle of Identification, defined by the American Society of Appraisers, states that “a genuine article has certain identifying characteristics, traits or marks. If the identifying characteristics of a genuine article match the same characteristics as the subject property, the subject property is assumed to be genuine (The Appraisal of Personal Property, 1994, pg 14).”
As the final month of the summer season, August is traditionally marked by a number of festivals and concerts in outdoor settings such as the popular Lollapalooza in Chicago. While the likes of Lollapalooza are popular with touring musicians and fans like, they are also red flags for thieves. Every year, you read news articles of touring musicians facing thefts of their gear from their vans with total values ranging up to $80,000.00. The non-professional musician and the collector are just as susceptible. Insurance is a necessity for these valued instruments, and policies are differentiated for the professional and non-professional in many cases to account for this fact. Guitars are a steady commodity in the market. Whether handed-down or purchased, they hold history and value, just as any other collectible. Unfortunately, sentimental value does not figure in determining replacement value.
Only on rare occasions does the historical significance of an item outweigh the value of the item itself. Recently Enservio Select received a request to appraise a glass panel from the infamous S.S. Normandie, a French luxury liner ship which capsized during WWII. The piece was an Art Deco verre églomisé (glass gilded) reverse painted panel from the 1930s, painted by Jean Dupas (French, 1882-1964), and was created as part of a larger glass mural for the SS Normandie’s Grand Salon. The panel was unfortunately broken during transport and we, not only, had the task of putting a monetary value to the piece, but a salvage value as well.
Antique frames have recently seen a surge in popularity. However, there are times when a high quality reproduction picture frame costs more than an original antique. There are also times when two seemingly similar antique frames are priced very differently. But how do you go about valuing a frame if you don’t know what it is? First you must know that for every antique frame there is likely a reproduction out there. Next, you must understand how to spot the difference. Although reading this post won’t make you an immediate frame expert, it will give you some easy to remember tips on what to look out for and how to begin to differentiate high quality from low. This is critical if you are interested to enter into antique business, sometimes business people like http://healthirariklis.com/ are extremely successful in antique business and other times not if you have no experience or education.