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.
A homeowner returns after an evening out and finds that her home was robbed. Among the many items missing is an expensive piece of art passed down for several generations in her family. After filing a police report and a claim with her insurance company, the insurance company contacts an appraiser to help them determine the value of the painting at the time of the loss so that their insured can be paid. In my career as a fine art appraiser at Enservio Select, I am often presented with these circumstances. Arriving at a value is just one part of the service we provide. I will also complete a brief search to make sure the work was not previously stolen. The implications of previously stolen work are far reaching and, if not discovered, can financially affect both the insured and the insurance company. Continue reading
As clean up from Hurricane Sandy continues, the art galleries of New York are reporting record losses. Reuters reports that art insurers may be paying claims up to a half a billion dollars in damages from storm flooding. But with a storm like Sandy of unprecedented strength and reach, could this have been avoided?
Some galleries took precautions to prepare for the storm, like moving artwork higher on walls, but even this wasn’t enough when Sandy’s flood waters raged through the Chelsea neighborhood of Manhattan. Numerous galleries experienced flooding up to six feet in the main floors of their showrooms, not to mention the surging flood waters that wreaked havoc on basement and warehouse storage units filled with art work. Continue reading
Necklaces, earrings, bracelets, rings … these are all hallmark gifts in a typical romantic relationship. And, within the extensive world of fine jewelry, there is one common thread: diamonds. Few engagement rings are without diamonds, and it’s hard to imagine a tennis bracelet without diamonds galore. Diamonds are largely known as costly, a girl’s best friend, and a gift that will last forever. In other words, this stone gets a lot of hype. Continue reading
It’s hard to believe that the Olympic Games are already over. The United States had a great run this summer with a total of 104 medals, 46 of them gold. We all have great memories of gold medal performances by the “Fab Five” women’s gymnastics team and Michael Phelps bringing his overall medal total to a record-breaking 22, 18 of them gold.
Which begs the question – what is all of this Olympic gold worth? According to an informative article that Continue reading