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For Insurance Coverage -
Loss - Resale - Estate - Division or Dissolution
95% of all art appraisals can be accomplished with your submitting
a photo and a completed Profile Sheet for each item. Works of art with major questions of
authenticity or extensive damage will usually require an on site inspection.(Click on the desired
profile sheet below)
1. Select and
print the appraisal
request form and then the appropriate profile sheet for your artwork. If
unable to print, please call us at our toll free telephone # listed at the bottom of the page
and we will mail them to you..
Profile Sheets
*You will need Adobe Acrobat Reader to view or print
forms below. If you do not have Adobe click
here. to download it for
FREE!
A. Paintings-
also used for drawings, watercolors, mixed media or any other unique work of art.
B. Sculpture- Covers all media of 3 dimensional
works of art, including unique works or multiple editions.
C. Graphics - Covers all media of works on paper, including
lithographs, etchings, engravings, woodcuts, photographs, etc.
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Andy
Warhol
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2. Please fill in the appraisal request form and the
Profile Sheet as completely as possible.
3. Attach a color photo of the artwork to the Profile
Sheet.
4. If available, please include copies of any
supportive documents such as receipts, certificates of authenticity, catalog and
exhibition records, previous appraisals and provenance (history). Providing the
appraiser with complete information will result in a more detailed and accurate
final document.
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NIA will generate 2 certified copies of the appraisal. All future
updates and new acquisitions become a revision to the original document.
Due to the nature of today's market, values are fluctuating
dramatically. It is recommended that all works valued at $1,000.00 or more be updated every 2
years. The appraisal is an important financial document and must be kept current.
Once the initial appraisal is done, the
client will be notified every 2 years and given the opportunity to receive a new appraisal
with updated values for a fraction of the original appraisal fee.
IRS
Appraisal Procedure
For IRS Non Cash
Charitable Contributions
In addition to the General Appraisal Procedures shown above, the
following information is also required by the IRS and must be submitted to us for a proper
appraisal document.
1. The name and address of the charity receiving your donation
2. The date of the donation.
3. An 8" x 10" color photo of the artwork if the value exceeds $20,000.00
The IRS appraisal must be completed by NIA and dated within 60
days of the date of your donation.
With your completed IRS appraisal, NIA will send you the forms
required by the IRS to claim a deduction. (Form 8283)
(See donation Fee
Schedule and Taxes
& Art)
Eric Fischl
We are
in the office to assist you 7 days a week from 8 a.m. to 6 p.m. Pacific Standard Time. Our Toll
Free Number is 1-800-676-2148.
Click here to email us. if the email link does not work then copy this email address into your
mail program niaart@aol.com
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