Estimating the potential market value of works of art is the central focus of determining loans against art. While the valuation is more a financial concern rather than an aesthetic one, subjective views of cultural value play a part as well.
Art valuation involves comparing data from multiple sources, such as art auction houses, private and corporate collectors, curators, art dealer activities, gallerists, experienced consultants and specialized market analysts, determine the dollar amount of loans against art.
To help ascertain value more quickly and accurately, we recommend providing information regarding the artist, provenance, condition, and recent sale and auction prices for the specific piece you are looking to utilize in the transaction. Additionally, the original bill of sale, and any other pertinent paperwork that would help to authenticate your fine art are all very valuable in the process of fine art lending.