ABOUT

Catherine Asquith Art Advisory’s valuation services offer new and established collectors a comprehensive appreciation of their collection, its current parameters and future directions.  Additionally, specific art valuation reports assist the clients of Family Offices, Wealth Managers, Financial Advisors and Family Lawyers.

Regular, up to date valuations are an important adjunct to the ongoing maintenance and accurate documentation of a collection. Seeking the advice and services of an experienced and knowledgeable professional is a critical step in the provision of an accurate art valuation, and can be tailored according to its objective.  We provide valuations for the purposes of:

Insurance
Superannuation;
Financial reporting;
Asset Validation;
Liquidation reports;
Estate planning and division; and
Family Law property negotiations.

Our Valuation Reports comprise the following standard attributes:

Statement of Compliance
Client Instructions / Purpose of Valuation
Asset Class
Asset Location
Date of Inspections
Definitions, Provisions & Disclaimers
Notes to GST
Valuer’s Qualifications
Methodology & Comments
Recommendations
Appendices:      Master Inventory
Artists Biographies + Inventories (A – Z)
Digital copy of report

Additionally, an important and preliminary aspect to any valuation is (a) Establishment of Clear Legal Title, (b) Provenance, and (c) Condition; all of which form part of the due diligence undertaken with the assessment of any artwork.

With access to extensive art and auction records databases and indices(secondary market price history), primary market price history and an accumulated 25 years of industry knowledge, Catherine Asquith Art Advisory’s valuation reports adhere to globally-set industry standards and provide a professional perspective on the artwork collection.  

Catherine Asquith is an AVAA Certified Practising Valuer and has undertaken numerous and varied valuations, from the appraisal of privately owned treasured artworks, to corporate collections seeking a value in line with the purpose of deaccession, to extensive and high value holdings by corporate collections seeking an audit, valuation and development strategies, to a niche private collection of war memorabilia comprising in excess of 1000 objects.

We will be delighted to take your enquiries.

PURPOSE OF VALUATION & METHODOLOGY

Contingent with the purpose of the valuation a specific methodology will be employed to procure an accurate assessment.  For example, to ascertain a market value the following factors would be considered:

• original purchase price;

• consideration of retail price, if available;

• auction results and/or secondary market profile;

• representation in notable collections (public and private);

• condition;

• bibliographic representation;

• exhibition history of artist including group curated and travelling exhibitions; and

• enhancements since acquisition such as framing, cleaning, restoration and/or repair undertaken by professional framers and/or restorers

Pre-Purchase & Pre-Sale Reports

An added value component of our valuation services are our Pre-Purchase and Pre-Sale reports.  These succinct and expediently produced reports provide the buyer or seller with peace of mind prior to a purchase or sale. 

A Pre-Purchase report comprises an assessment of provenance and asking price provided by the seller, in consideration of the current market value and is most suitable for buying at auction, from a gallery or private dealer. 

A Pre-Sale report is recommended when selling an artwork in order to accurately set a market-ready price. The report comprises an assessment of provenance and condition, and includes a recommendation for the most suitable platform (auction, private transaction) and market (region, city) for sale.