NEWS

Appraisal Bureau Founder presents at Goldman Sachs APEX Family Office Conference, New York City

Caroline Taylor of Appraisal Bureau and Jack Spallone of Hifi Labs discussed the impact of NFTs on the art and music sectors at Goldman Sachs’ APEX Family Office Conference, moderated by George Lee of Goldman Sachs…

Appraisal Bureau partners with LifeLegacy, a philanthropic estate planning platform to provide Digital Asset valuations.

NEW YORKMay 12, 2022 /PRNewswire/ — LifeLegacy, a philanthropic estate planning platform, has announced that it will enable individuals to include cryptocurrency in their legacy plans through the company’s online Last Will and Testament. This marks the first time that digital assets can be included in a completely free online Will.

IN FOCUS: APPRAISAL BUREAU FOUNDER LECTURES AT THE SCHOOL FOR CURATORIAL STUDIES VENICE

Over two days Caroline Taylor lectured to curatorial students on the intersection of NFTs and Art at the School for Curatorial Studies Venice, Italy.

PRESS: Neue Zürcher Zeitung - NFT-Boom: So vie list der este Tweet von Jack Dorsey und ein “Bored Ape” wert

For some non-fungible tokens are the future of art, music and asset ownership, for others they are part of a huge valuation bubble. The first NFT expert comments on the value of the digital certificates of authenticity.

PRESS: THE BLOCK: A professional art appraiser explains why valuing an NFT is ‘totally different’ than judging a painting

The Block spoke with Caroline Taylor, one of a nascent crop of appraisers looking at the NFT space.

IN FOCUS: Cowen Retail 101: Non-Fungible Tokens (NFTs) Role & Potential in the Future of Retail

Caroline Taylor, Founder of Appraisal Bureau, and Brook Armstrong, CEO and CoFounder of Blockskye, presented to Cowen Digital Retail Consumer clients on NFTs.

IN FOCUS: Goldman Sachs: In the Lead, Palm Beach, Florida March 7-8, 2022. Appraisal Bureau Founder Caroline Taylor presented on NFTs and Contemporary Art

Caroline Taylor led a break-out session on Contemporary Art and the burgeoning landscape of NFTs.

IN FOCUS: NFTs: Valuation, Insurance, Storage and Estate Planning

Caroline Taylor (Founder, Appraisal Bureau), Charles Turner (Managing Director, U.K., Malca-Amit), Mark Titmarsh (Head of Digital Assets, Malca-Amit), and Bobby Lee (Founder and CEO, Ballet Crypto) presented to the Los Angeles Estate Planning Council.

PRESS: New York Magazine: How Museums are Trying to Figure Out What NFT Art is Worth: Determining value in the age of Bored Apes is a work in Progress

The first NFT to enter a museum collection and Appraisal Bureau’s search for a valuation solution.

ABOUT

Appraisal Bureau is an NFT and Contemporary Art valuations firm built around efficient and transparent processes to deliver a time and cost-effective appraisal product. We support the evolving Art and NFT markets and their growing demographics. Appraisal Bureau facilitated the first NFT acquisition by a major Contemporary Art museum; our proprietary NFT valuation methodology is used by major international insurance markets.

Our appraisers hold the highest credentials in the industry as members of the Appraisers Association of America. All appraisals are compliant with the Uniform Standards of Professional Appraisal Practice (USPAP) and the Internal Revenue Service (IRS). Learn more about our Appraisal Services.

We work with both private and institutional clients and are the proud valuations partner of Museum Exchange.


 

Leadership Team

Caroline Taylor, AAA, is an Appraiser and Consultant specialized in NFTs, Post-War, Contemporary and Emerging Art. She is a Certified Member, and Co-Chair of the NFT Committee of the Appraisers Association of America. Caroline wrote a proprietary NFT valuation methodology used by major international insurance markets. Previously, she was a curatorial associate for the Deutsche Bank Collection. Caroline holds a BFA in Painting and Art History from Pratt Institute, with additional coursework in financial math and statistics at New York University.

Ali Munir is a backend and blockchain developer working across several Web3 technologies with specialization in web automation and scraping. He has built a multitude of blockchain projects including most recently, as a full stack developer, a maximum-security cryptocurrency exchange. He holds a BS in Computer Science.

Stuart Hunt joins Appraisal Bureau with experience in technology, consulting, and strategy. Previously Stuart worked for an international enterprise software provider, a boutique consulting firm, and KPMG’s Advisory practice. He has worked alongside executive stakeholders to concentrate on strategic initiatives related to process improvement and technology operations.

Stuart holds a BS in Information Systems Management from Auburn University and is pursuing an MBA from Georgia State University.

Elizabeth Mullaney is an MA History of Art degree candidate specializing in Post-War and Contemporary Art at the Courtauld Institute of Art in London. She earned her BA in Art History at Barnard College of Columbia University in 2021 and has prior experience at both the first and secondary levels of the art market, including Sotheby’s in New York.

Services

Appraisal Bureau offers valuations for estate and inheritance tax, gift tax, charitable donation (income tax), estate planning and art leasing. Tax and Estate valuations are frequently Fair Market Value.

All appraisals are compliant with the Uniform Standards of Professional Appraisal Practice (USPAP) and the Internal Revenue Service (IRS). We currently offer appraisals for the United States, United Kingdom, and Canada.

Appraisal Bureau is the valuations partner of Museum Exchange – the first digital platform for museum donations.

Appraisal Bureau offers Fair Market Value and Marketable Cash Value appraisal reports for equitable distribution of assets, including divorce and family division. All appraisals start with a discussion of the subject property and scope of project. Once appropriate information is received, Appraisal Bureau will provide a quote for the scope of project.

Appraisal Bureau reports are accepted by leading insurance carriers internationally. Insurance valuations are Retail Replacement Value and represent the value required to replace an item in a timely manner in the case of loss. Appraisal Bureau may be engaged by the owner of the property, agent of the owner, or insurance broker or carrier.

Clients of Appraisal Bureau have the option to benefit from an annual review in which our appraisers advise on market changes, amending insurance valuations accordingly.

In cases of damage, theft or other circumstances, Appraisal Bureau can be engaged to assess pre-loss, post-loss, and/or percentage lost value while aiding in the insurance claim process. Appraisal Bureau may be engaged by the owner of the property, agent of the owner, or insurance broker or carrier.

Appraisal Bureau offers valuations to determine appropriate price and method for potential sales, including both acquisitions, and deacquisitions. Valuations in these circumstances may be Fair Market Value, Marketable Cash Value, or Liquidation Value. In an often opaque market, it is important to understand the value of an artwork to make informed decisions. Appraisal Bureau writes valuations for single works, groupings, or entire collections on behalf of private and institutional clients.

VALUATIONS

Appraisal Bureau offers NFT appraisal services for purposes of insurance, asset management, and tax and estate planning. Our approach combines a vetted proprietary valuation methodology utilizing blockchain analytics, Ai and traditional appraisal methods. Appraisal Bureau works in tandem with custody and insurance specialists offering exclusive products.

CUSTODY & STORAGE

Appraisal Bureau works with partner companies to offer NFT custody to meet the particular needs of the client. Methods of storage are customized to service the identified purpose.

Contemporary Art

Since its founding in late 2021, Appraisal Bureau has valued over $1B of Contemporary Art for purposes of Insurance, Tax & Estate Planning, Charitable Donation, Equitable Distribution, Damage & Post-Loss, and Potential Sale.

Our network of Appraisers and Specialists hold the highest credentials in the industry as members of the Appraisers Association of America, The American Society of Appraisers, and the International Society of Appraisers. Clients benefit from the tailored service of an Appraisal Manager who hand selects a customized team of experts for each valuation assignment.

We regularly navigate complicated valuation matters including collateralized loans, art rentals and family division. Collaborating with best-in-class industry leaders in complementary fields, we design customized solutions for our clients.

nft

Used by major insurance markets, auditors, and financial institutions, the proprietary Appraisal Bureau NFT valuation methodology combines several parameters to value and track volatility of Digital Assets. The methodology may be applied to Retail Replacement Value, Fair Market Value, Marketable Cash Value, and Liquidation Value for purposes of Insurance, Asset Management and Tax and Estate Planning. Our approach combines blockchain analytics, AI, and traditional appraisal approaches. After the initial valuation, reporting of updated values are available on a daily, monthly, quarterly and annual basis. Institutional rates available.

Appraisal Bureau works with industry leaders in custodial, cold, and deep-cold storage to facilitate full liability insurance of Digital Assets. Caroline Taylor, Founder of Appraisal Bureau has regularly lectured on NFTs and Web3 and serves as Co-Chair of the NFT Committee of the Appraisers Association of America.
Consultations available, please contact nft@appraisalbureau.com

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