Appraisal Services
Cecilia Dan is an Accredited Senior Appraiser (ASA) of the American Society of Appraisers and provides appraisal services compliant with Uniform Standards of Professional Appraisal Practice (USPAP) and the Internal Revenue Service (IRS).
We are completely objective throughout the appraisal process, providing unbiased and informed valuations for a variety of purposes, including non-cash charitable contribution (artworks donated to museums/institutions), insurance replacement value (the cost of replacing a property with a like or comparable artwork in scenario of damage or loss), estate tax or planning, equitable distribution (divorce or family division of property), and market value (typically used as consultation for disposition via future sale or donation).
Recent appraisal assignments include valuations of museum-quality and monumental works by major modern and contemporary artists, including Banksy, Amoako Boafo, Ernie Barnes, John Currin, Noah Davis, Ethel Greene, Rashid Johnson, Joan Mitchell, Yoshitomo Nara, Mark Rothko, Ed Ruscha, Cindy Sherman, Salman Toor, Kaari Upson, Stanley Whitney, and Jonas Wood.
Our services can include all aspects of the donation process, including vetting possible donee institutions, coordinating transfer of artwork, and preparation of appraisal documents. In 2023, Cecilia Dan Fine Art coordinated donations of artwork to major institutions nationally, including Denver Museum of Art (Denver, CO), the Hammer Musuem (Los Angeles), Los Angeles County Museum of Art (Los Angeles), Museum of Contemporary Art (Los Angeles), Nelson-Atkins Museum of Art (Kansas City, MO), Peréz Art Museum Miami (Miami, FL), Portland Museum of Art (Portland, OR), Santa Barbara Museum of Art (Santa Barbara, CA), Walker Art Center (Minneapolis, MN), among numerous others on behalf of our clients.
For objects not requiring formal appraisals, Cecilia Dan Art can conduct market research and reporting of informal valuations of artworks.
Image: Kirsten Everberg — My Name is Ivan (After Tarkovsky), 2008, oil and enamel on paper, four panels, 25 x 33 inches each, art advisory client and installation (photo credit: Robert Wedemeyer)