White Paper: The Value of Appraisals
While several influences can contribute to the possible fluctuation in the price of artwork, it is important for collectors to regularly have it appraised. As more people than ever before have entered this market, Aon Private Risk Management looks to help advise clients and financial advisors on the important role art appraisals can play for insurance, legal, and fiscal purposes.
In this paper, we explore:
- What external factors can influence the value of a piece of art
- How an updated appraisal impacts other legal aspects of a client’s financial life
- The criteria for finding a certified appraiser