WebThe Importance of Homework in Valuing Art . Probably more than any other objects of appraisal, artworks and collectibles challenge the appraiser’s craft. Volatile market forces make precise appraisals difficult, and the expertise of the appraiser can be difficult to weigh. ... This value was derived by applying a 75% blockage discount to the ... WebBlockage discount is an art-business-related and legal term of art for referring to the money discount assigned to a group of artworks by a single artist when that group of works is to …
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WebNov 28, 2024 · The Mechanism of Meaning received a blockage discount of 75% because the artists "considered these paintings to be their most important works," but "there have been no auction sales of these works in the past five years," and " [t]here are 85 remaining paintings in this series." WebA blockage discount is defined as “an amount or percentage deducted from the current market price of a publicly traded stock to reflect the decrease in the per share value of a … shrew photograph
Blockage: Estate of Georgia O’Keeffe - Appraisal Course Associates
WebSep 8, 2024 · Blockage Discount Critique, Continued: Barth sets out the steps used to estimate blockage—the first step being a determination of the “base value” of the art. WebJun 23, 2013 · The Foundation argued that they would be selling Warhol’s work very quickly and with that amount of work flooding the market, they were entitled to a lower valuation, a ‘blockage discount’. The Foundation was valuing drawings at $800 apiece at the very same time they were being priced at an average of $25,372 for an insurance claim. WebNov 11, 2013 · A blockage discount is a legal concept in which an estate claims that the sale of its artwork all at once would flood the market and significantly depreciate the value of each individual piece.... shrew order