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This
Fine Art Fair Market Value Appraisal example is only for illustration purposes. The Fair Market Value Appraisal provides information
to those clients that are preparing to sell their art at auction and want an appraisal to help them determine what value they
could expect to attain at auction.
1) Pablo Picasso Lithograph Artist: Pablo Picasso (Spanish, 1881 - 1973) Object:
work on paper Medium: lithograph Title: Tete de jeune fille Description: black and white lithograph portrait
of a young woman with long hair. Edition Size: 47/50 Signature: signed in pencil in the lower right hand margin,
'Picasso' Dimensions, Sight, 15.7" h x 11.7" w, Framed, 18" h x 14" w Date: 1949 Condition:
good
Comparable:
1. Sotheby's London,
4/7/09, lot 123, Old Master, modern and Contemporary Prints, Lithograph, Pablo Picasso, Tete de jeune fille, price realized
$17,020.00
Analysis of Comparables: On an actual appraisal I would include 2 or 3 comparables. In my analysis I
would explain the reasoning used in determining the value.
Provenance: When necessary or important to the
value, I would list the history of ownership of the piece or where it was purchased and describe how that affects
value.
Biography of the Artist: Often times I would include a biography of the artist including a discussion of
his work when it is important to value.
Fair Market Value: $17,000.00
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