Art Appraisals Video
Jennifer L. Stoots, AAA
Stoots is a Certified Member of the Appraisers Association of America (AAA). She specializes in the appraisal of:
*Photographs and photographic archives
*and Contemporary Art
Stoots also works with a network of credentialed colleagues who can help with the appraisal of:
Fine Craft and ceramics, Early American painting, Master Prints, and traditional Native American arts & crafts, among other specialty areas.
Project quotes are based on the type of appraisal, the number of artworks to be appraised (& by how many artists), and documentation available (e.g., past invoices).
Appraisals are considered proprietary, such that your information, the information you provide and the appraisal results are confidential.
Damage or Loss appraisals are essential when:
- artwork is damaged and the insurance provider needs an objective loss in value in order to properly compensate the policy holder (collector or creator)
- artwork has been lost or destroyed (e.g., fire or theft) and there is no current appraisal on file
Divorce & Dissolution appraisals are needed when:
- a couple decides to divorce and needs to know the value of mutually owned property, to ensure that each person is compensated equitably
- a business closes and has to sell off artwork bought for the office
Donation & Estate appraisals for the IRS* are required when:
- you have donated artwork(s) worth more than a total value of $5,000 to a museum or institution and need an appraisal in order to claim the tax credit for the charitable gift
- a family member or friend has died and a full accounting of assets has to be reported to the IRS as part of the Estate’s filing
*Appraisals are IRS compliant and my USPAP credential is currently valid through October 7, 2024.
Insurance appraisals are important to have if:
- you need to schedule artwork on your homeowners, renters, or marine policy
- you are going to be moving, shipping artwork, or loaning pieces for an exhibition
- you’re in the process of estate planning