Key Takeaways The value of art market sales totaled $65B in 2023, a 4% decline from 2022, however the volume of transactions grew by 4% totaling 39.4MThe US maintained its position as the leading market, with China moving into second ahead of the UKA slower NFT market shows signs of decreased speculation and burgeoning connoisseurship The eighth […]
Appraisal Bureau valued hundreds of artworks for charitable donations last year, facilitated by our partner Museum Exchange. The generosity of our clients has positively impacted and culturally enriched numerous communities. The donated artworks are now part of the permanent collections of museums, hospitals, and universities across the country. Museum Exchange is the first digital platform for art donations. As pioneers […]
ListenMaking Markets, Caroline Taylor: Valuing Fine Art and NFTs Caroline Taylor’s conversation with Eric Golden for his Making Markets Podcast covering Art Markets, Valuations, and how NFT data informs Fine Art data in an unexpected way. Eric digs into Caroline’s background as first a Painter, then Wall Street Art Curator, and finally founding Appraisal Bureau, […]
Connecting the dots [with data]: An interview withAppraisal Bureau’s Scott StrongChief Technology Officer at Appraisal Bureau, Scott Strong, speaks to art market journalist Riah Pryor, about strategic use of dataYou’ve worked across a broad range of companies and sectors, from personal finance [with Previsio] to cloud cost analysis [with CloudZero], and now with Appraisal Bureau, which specializes in the valuation […]
Appraisal Bureau was recently retained by a major international law firm to value Fine Art jointly owned by a couple seeking division of assets in divorce proceedings. The collection of more than 500 artworks, holding significant material value, was originally appraised by a major auction house. The judge presiding over the case requested the mid range […]
by Angelina Giovani-AghaCo-Founder of Flynn & Giovani Art Provenance Research & Provenance Expert at CAfADownload the Art Provenance Report 2023Provenance research in art is the pursuit of truth in the form of facts, data and historical evidence regarding a work of art’s ownership history. Although it has not been an academic discipline or professional practice […]
When fine art is donated to museums, everyone wins. Museums acquire new artwork, the donor receives a tax deduction, and the artist benefits from the prestigious institutional destination of the work (also a safe haven from the art markets). The US is privileged to have this system that has helped build the collections of many […]
What’s happened in the art market since the 2022 crypto crash?A panel at The Art Business Conference London offered a broad view on digital advance and its relationship to the Artworld in the post-crash eraBy Riah PryorA panel of leading voices on digital advance led discussion in Westminster earlier this month, as part of the […]
Appraisal Bureau Founder Caroline Taylor spoke at The Art Business Conference, London on the current status of Web3 infrastructure, the emergence of Web4, and how the UK is embracing novel technologies.Read more here.Web3 infrastructure: following the Law Commission’s report – what is next for the UK Web3 ecosystem or even Web4? This session will unpack the recent findings […]