Congressionally sanctioned, not-for-profit organization, established in 1987 dedicated to the advancement of professional valuation for appraisers and users of appraisal services to ensure public trust in the work performed by appraisers.
An auction term that refers to when an unsold lot is returned to the consignor or owner.
Value used in estate planning appraisals
Minimal amount for which a consignor agrees to sell a work for at auction
Something that limits the examination, the research or writing of the report
Pre sale dollar amount suggested by an auction house, which an object is expected to fetch at auction
Price on a galleries’ website, at exhibitions, or their quoted price less any discounts.
An assignment-specific assumption as of the effective date regarding uncertain
information used in an analysis which, if found to be false, could alter the appraiser’s opinions or conclusions
That which is taken to be true
French term for giving the authority to authenticate works of art
Early art historian whose approach was that of connoisseurs hip
Approximate date
Monetary relationship between properties and those who buy, sell, or use those properties
Form 8283 is used for this type of an appraisal
A percentage of the bid price paid by the buyer at an auction
Down
System by which an object is divided into quadrants such as square inches or centimeters and a value is assigned to an individual quadrant
The amount asked, offered, or paid for a property
A generic classification methodology codified by the Getty Information Institute (Getty Museum) listing nine fields for the minimum description of all works of art.
Condition directly related to a specific assignment, which is contrary to what is
known by the appraiser to exist on the effective date of the assignment results, but is used for the purpose of analysis
Forced liquidation value
Swiss art historian, whose objective classifying principles were influential in the development of formal analysis in art history in the early 20th century
Like, kind, and quality properties; used in comparable analysis.
Value used with this type of appraisal
Salvage Value
Amount required to create, produce, or obtain a property.
Process of making changes to an object or structure so that it will closely approximate its state at a specific time in its history
Value typically used in insurance appraisals
Internal Revenue Service
Dealer's market
The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date
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It prints on two pages.
Big puzzles won’t always print on one page — the clues and grid are the smallest we could make them while keeping them readable for everyone.
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