An art appraisal refers to a process of evaluating the history, quality, and value of a piece of fine art. The purpose of an art appraisal is to provide a well-researched and comprehensive estimate of a specific artwork’s worth, which can then be used for estate planning, insurance purposes, charitable donations, or selling. Similar appraisals can be performed for vintage and antique items.
The process typically consists of an in-depth examination of an artwork, the research of it’s origins and history, and a comparison to similar items on the market.