We offer appraisal, art advisory, and collection management services to clients throughout the New York tri-state area.
An art appraisal can reduce risks such as: being over or under insured, inequitably dividing personal property as part of an estate, being audited when claiming a deduction for charitable contributions or filing estate taxes, or selling for too little/paying too much. Appraisals conducted by Cheney Appraisal are unbiased and impartial. As an independent appraisal firm, we are objective, qualified, and professional. Our goal is to minimize your financial risk.
The Art Appraisal Process
The art appraisal process begins with a qualifying discussion with you to determine the purpose and scope of the fine and decorative art to be appraised. The valuation approach is then determined, and an estimated fee is given based on the hours of work anticipated to complete the assignment.
Next, an onsite inspection is arranged to examine, measure, and photograph. The appraiser will then conduct research regarding the maker, history, condition, rarity, and the current market for similar works, to arrive at the appraised value.
All our appraisal reports meet IRS and Insurance Industry Standards. Appraisals are conducted impartially, with utmost attention to detail and accuracy, and backed by excellent research. We adhere to the highest ethical standards of conduct and professionalism.