Appraisals

 

ABOUT APPRAISALS

I always recommend that you start by doing some research yourself. Have you searched the internet for comparable artwork by the same artist?

www.LiveAuctioneers.com is an excellent (and free) website resource because they track sales of artwork from all major Auction houses. You can search their site by artist, past auction sales (the best resource) and you can see items that are coming up at future auctions. Auction sales are one of the best tools to determine current values. There are other websites that provide similar services (www.AskArt.com, MutualArt.com, Invaluable.com, etc) but they are not free and require subscriptions.

Artwork appraisals are similar to any other appraisal. The same way a value of a home is determined by finding local "comps" or comparables. Look for a similar sized home in the same neighborhood, built about the same time, with the same style, same condition = about the same selling price.

Value of artwork can be determined the same way. Look for a COMPARABLE sale. Same artist, same media, same period, same style, same size, and you should have a piece of art about the same price. But understand that a Picasso does not equal a Picasso. (see About price below).

1.  QUALIFIED APPRAISER.  

Appraisers should have earned an appraisal designation from a recognized professional appraiser organization OR meet appropriate education and experience requirements.

Gallery Owner Ric Hartman has a Bachelors of Fine Art (B.F.A.) degree from Pacific Lutheran University (Tacoma, WA), and a Masters of Fine Art (M.F.A.) degree from the University of Wisconsin (Madison). Additionally, I have been an art buyer, collector, consultant and curator for almost 40 years. I have owned and operated the Gallery of Wisconsin Art for almost 15 years. 

I appraise artwork for insurance, estate, and tax purposes, and meet Appraiser criteria. I am frequently an art appraiser at local art and antique appraisal fairs, including the PBS Appraisal Fair. If you have eligibility questions, check with your accountant or legal consultants.

2. Formal written Appraisals cost $100-$150+ (each) depending upon your requirements.

 Generally speaking, the Gallery does NOT provide free appraisals.

If you have a large collection of Wisconsin artwork and would like to have a meeting to discuss, call 414-630-3600.   If you would like to consign or sell just a few pieces of artwork, email the following information to: info@galleryofwisconsinart.com. 

If you have any questions concerning submission requirements, contact the Gallery by emailing info@galleryofwisconsinart.com or calling 414-630-3600.

 

INQUIRING ABOUT PRICE OR SELLING ARTWORK

Information we require:

​1. Artist Name 

2. Title of artwork, and description of subject

3. Date or approximate date created (if known)

4. Dimensions of art as viewed, and frame exterior dimensions

5. Medium

6. Condition - specifically describe overall condition and flaws

7. Provenance? How did you come to own it?

8. CLEAR, Focused Photographs

  • Image of front and back and frame
  • Image of Artists signature, exhibition labels, dates, writing on back, etc.
  • Images of any flaws, condition issues
  • Images should be high resolution JPEG
  • Ideally Name image files with artist’s last name and title of work

9. IF desiring to sell, whats your asking price, or what you think its worth? See Below.

Email information to: info@GalleryofWisconsinArt.com 

 

ABOUT PRICE

MANY things should be considered when selling artwork or understanding price.

1. NUMEROUS benchmarks are used to value artwork, including size, condition, age, subject, historic importance, rarity, desirablity, frame, resale potential, and the economy are a few. Condition and subject are absolutely critical in determining value of artwork.

2. Every artist created good and bad work - so a "name" is only the beginning

3. Some Wisconsin artists are collectible and can bring good prices, but unfortunately, most do not. Don't expect to get rich.

4. Understand that the Gallery of Wisconsin Art is a retail business and must make money to stay in operation! Like retail businesses, we generally buy at wholesale prices and sell at retail value. 

We do not, and can not purchase artwork at the prices you see on our website.

5. Whats the Value of your artwork? Only what someone else is willing to pay for it!

We are happy to discuss the value of your art, and we ALWAYS make reasonable, and fair offers.