If you inherit artwork with an estate, want to use it as collateral for a loan, or want to sell it, you have to first determine its real value. The pawn shop can help you appraise the piece so you can take the next step. Bring your artwork in for an appraisal that will include the following steps:
Utilizing an Experienced Appraiser
- An appraiser must have a certain level of education in the arts to be able to determine whether or not your artwork is valuable. Working with an appraiser through the pawn shop guarantees that you are dealing with someone who will follow the proper practices and ethics. This gives you confidence that the appraisal is accurate.
Examining the Artwork
- The actual appraisal process could take a few days or several weeks. The appraiser needs to dedicate enough time to the artwork to collect all of the possible information about the piece. Everything from historical relevance to the artist’s biography could be an important factor in determining the value of the painting.
Receiving an Appraisal Report
- Once the appraiser has spent enough time with the piece, he or she can accurately assess its value. Old Masters and modern paintings can both be highly valuable, as are works by Dali, Picasso, Van Gogh, and Rembrandt. Certain Oriental, European, American, and Folk art will also retain a high value. Once the appraisal is complete, you should receive a report that clearly delineates the value of the piece.
The estate-buying section of Gem Pawnbrokers makes it easy to get your work appraised for its actual value. We also buy and sell fine watches and jewelry. Whether you are trying to sell the contents of an estate sale or want to get cash for gold, we can help. To learn about our more than 20 locations in and around New York City, please call (718) 502-8053.