Learning Center

Online growth, optimism, and the resilience of dealers – The Art Basel and UBS Art Market Report 2024

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 […]

The Art of the Art Donation

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 […]

Podcast: Making Markets, Interview with Caroline Taylor on Valuing Fine Art & NFTs

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, […]

From Aerospace to Art, Appraisal Bureau’s new Chief Technology Officer

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 […]

Case Study: Neutral Valuations in Equitable Distribution

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 […]

Donating Art: IRS requirements and the Form 8283

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 […]