Gulfstream Nonstop Features Appraiser

The newest edition of Gulfstream Nonstop included an article on the contempoary art market, appraisers and insuracne ( Nonstop magazine is designed for Gulfstream aircraft owners, private jet travelers and aviation executives who have a passion for superior aircraft, swift and seamless travel and all things exceptional. Nonstop offers a premium readership experience featuring the best-of-the-best across all categories of luxury goods and services)

The newest edition of the HNWI magazine was recently published and ISA President, Cindy Charleston Rosenber, ISA CAPP was featured in discussing current issues within the high end contemporary art market.

Gulfstream jet owners and users are of course a rather wealthy demographic, and many are passion collectors, who typically would need to consult with art advisory services as well as appraisers. Congratulations to Cindy for being featured in such a targeting magazine.

It is so refreshing to see more and more appraisers being contacted for insight and background by upscale magazines, news outlets and financial publication.  I think I have seen more positive press about qualified appraisers and appraisals over the past year than I have seen during any other period.

The Gulfstream Nonstop article is titled Art of the Deal: A Rollicking Market in Contemporary Art Generates Massive Sales and Spurs a New and Growing Service in Art Insurance, and look at insurance and working with qualified appraisers.

Follow the source link below to open the full PDF article.

Gulfstream Nonstop reports
Charleston-Rosenberg recommends buy-ers find qualified independent appraisers to evaluate art before the transaction is finalized; the higher the asking price. the greater the need to rely on a group of specialists. When her firm was asked to appraise four rare Gilbert Stuart portraits of George Washington, she brought in 15 experts. Some estab-lished authenticity, others assessed the condition of each piece; some researched historical significance; and others. current market conditions and likely sales prices. The more valued a piece. the more likely that credible expert opinions will vary widely on price. An appraiser is tasked with determining why the values are dis-similar. In the Stuart appraisal. an expert in American art had a much lower price than an expert in Americana.

Charleston-Rosenberg later determined Americana auctions were a much stronger market for Washington portraits than a fine arts auction. Once that was understood. she gave more weight to the opinion of the Americana expert. Charleston-Rosenberg remembers what her mentor often told her about the process of appraising a work: Make it prove itself to you.
Source: Gulfstream NonStop

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