As we delve into the fascinating and complex world of art appraisers, it becomes evident that this profession is mired in a quagmire of misconceptions. To illuminate the truth, let's debunk 10 prevalent myths about art appraisers.
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Art appraisers are overpaid snobs.
Media sometimes paints a caricature of the art appraiser as a haughty aesthete who quotes astronomical figures for colorful splotches on canvas. In reality, art appraisers are highly skilled professionals who invest considerable time and effort in their education, research, and analysis. The job demands an in-depth understanding of art history, laws, economics, and market trends, all of which validates their remuneration.
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Art appraisers are always right.
Art appraisers are not infallible. The value of a piece of art is not an immutable empirical fact but an estimate based on data available at the time of the appraisal. As market trends, historical revelations, and regional preferences change, so too can the perceived value of artwork.
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Art appraisal does not require any formal training.
Contrary to this myth, art appraisers are expected to have comprehensive knowledge in art history, connoisseurship, and the legal and economic aspects concerning art. Many possess advanced degrees in these fields and undergo rigorous certification and continuous training. Associations like the Appraisers Association of America and the International Society of Appraisers set high standards for education and experience.
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Art appraisers only deal with high-end art.
While it's true that appraisers may handle works by renowned artists or valuable antiques, they also appraise less glamorous items. Everyday objects, local art, and even decorative items can all require their expert evaluation.
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Art appraisers and art dealers are the same.
Though both professions are entrenched in the art world, their roles are fundamentally different. An art dealer's primary concern is to buy and sell artworks for a profit. An art appraiser, meanwhile, provides an unbiased valuation of artwork based on in-depth research and analysis.
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Art appraisers can offer an appraisal just by looking at a picture.
Although technology has made it possible to evaluate art remotely, it's important to understand that a digital image cannot replace a physical examination. Aspects like texture, depth, and fine details are often lost in photographs, potentially leading to inaccurate appraisals.
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Art appraisal is purely subjective.
Appraisal involves a subjective element, certainly, as it involves aesthetic judgment. However, it is primarily grounded in objectivity - rigorous research, comparison to similar works, market analysis, and consideration of provenance are all part of the process.
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All art appraisals are the same.
Values concluded by different appraisers may vary based on the intended use of the appraisal, the date of appraisal, and the specific market in which the work is being evaluated. For instance, an insurance appraisal might be higher than a donation appraisal due to these variables.
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Art appraisers manipulate the value to suit their interests.
Ethical appraisers follow a strict code of conduct that prohibits them from appraising objects in which they have a financial interest or the potential for such an interest. This ensures that the appraisal is unbiased and independent.
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Art appraisers only work with physical art.
In the digital age, art has transcended physical form. NFTs (non-fungible tokens) are a prime example of this. Digital art, video art, and virtual reality art are all validated forms that can and do require professional appraisal.
The world of art appraisal is dynamic and multifaceted, demanding a delicate balance of keen aesthetic judgment, historical knowledge, and acute market awareness. Dispelling these myths enables a more precise understanding of this profession and its inherent value in our society.