Susan is proud to participate in Assets, the International Society of Appraiser’s 2016 annual conference to be held in Dallas – Fort Worth, Texas from April 15-18. Join Susan as she discusses the unique challenges of appraising international art in today’s changing global market during a joint FA and ARC session on Sunday April 17. For more information or to register for the event, click here.
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Appraising personal property is an unregulated profession which leaves the consumer with the burden of determining whether the appraiser they engage is qualified. A qualified appraiser is knowledgeable about the object being appraised and trained in appraisal theory, the principals of valuation, ethics and law. It is advisable to request a copy of the appraiser’s credentials.
Do you belong to a professional appraisal society that tests its members and have you been tested?
The educational requirements of appraisal organizations vary and it is important to know whether the knowledge and abilities of the appraiser you are hiring have been scrutinized.
Does that organization have a written Code of Ethics and Professional Conduct?
A code of ethics and professional conduct will identify the standards of ethical behaviour subscribed to by the appraiser and should specify their commitment to accuracy, objectivity, competence and professional standards.
What precisely does your membership designation signify?
Appraisal organizations use terms like affiliate member, accredited member, senior accredited member and certified member. How these terms are defined can differ from one group to another and it is important to understand the distinctions.
Are your credentials current?
Professional appraisal organizations require appraisers to maintain their qualifications through continuing education, work experience and testing. It is critical to verify that the appraiser you hire is professionally active, competent and current. This can be done by checking the organization’s website to see if the appraiser is listed.
How long have you been doing appraisal work?
The merits of experience are difficult to overemphasize.
Can you provide references?
While professional appraisers maintain the confidentiality of their clients, they should still be able to provide you with business and personal references.
How do you charge for your services?
Charging fees based on the value of the object or fees that are contingent on a predetermined result or the occurrence of a subsequent event are unethical. Professional appraisers will charge an hourly rate, a flat rate or a fee per object.
Will your report comply with the professional standards?
The Uniform Standards of Professional Appraisal Practice (USPAP) is a set of rules for appraisers but it is also intended for users of appraisals so that they can assess the report they commission. Professional appraisers will be committed to work to these standards.
What protocol do you employ in handling confidential information and what type of security do you have for appraisal records?
The purpose of the appraisal is to be set out by the client in consultation with the appraiser. In doing so, the client determines who is to have access to the appraisal and the information it contains. The format and mode of transmission of the final appraisal is also to be determined by the client in consultation with the appraiser.
Appraisers are required to ensure high standards of security in both the dissemination of their appraisal reports and the storage of records. In consideration of the variety of contemporary communication possible, and aware of the vulnerability of electronic communications, appraisers ensure the same high standards of security.
Compiled and prepared by my ISA colleague, Kathryn Minard, Art Advisory.com for AXA Art Insurance
http://easternartconsultants.com/wp-content/uploads/2015/05/slide113-610x400.jpg400610Susan Laheyhttp://easternartconsultants.com/wp-content/uploads/2018/06/eastern-art-transparent-tight.pngSusan Lahey2013-11-12 18:04:072018-05-03 23:33:46Questions to Ask When Hiring An Appraiser
Toronto has been invaded by the art work of Ai Weiwei. This past summer and fall, his bronze sculptural installation at Nathan Philips Square of Circle of Animals/Zodiac Heads (a reinterpretation of the originals looted from the Old Summer Palace in Beijing in 1860), and the exhibition “According to What?” at the Art Gallery of Ontario, have permeated the local art scene. As well, Scotiabank’s Nuit Blanche event was dominated by his work Forever Bicycles. Consisting of an arrangement of 3,144 bicycles, it took 15 days for workers to assemble it. Combined with the opportunity to walk through the structure, the lighting, and dry ice, it made for a dramatic and memorable hit with the public.
So what is the fuss all about and why is his work so ubiquitous?
Sean Martindale, “Love the Future/Free Ai Weiwei,” 2012, 8′ cardboard sculpture of Ai Weiwei
The main themes embodied in his work usually fall into, or combine, two categories: 1) an emphasis on the value of every individual human life, and 2) the creation of new works of art from destroyed materials, often wood from Qing dynasty temples which he reassembles.
Around the time of the 2008 Sichuan earthquake, Ai emerged as an influential blogger and social activist. He is known for his social commentary, and as a result, he has had frequent run-ins with Chinese authorities, as depicted in Alison Klayman’s documentary about Ai, titled “Never Sorry.”
Accessibility to his work is significant. You don’t have to be an expert on Chinese culture or art to appreciate the creative force behind it. His work speaks cross-culturally. This is a common denominator to all great art. Anyone can emotionally access the impact of his work Straight, consisting of 38 tons of rebar (the steel bars which reinforce concrete in buildings). Ai’s response to the earthquake is embodied in a work which consists of metal bars from the twisted wreckage of collapsed schools where more than 5,000 children lost their lives. Ai has straightened each bar to represent a lost child. This work of art, 40 by 20 feet, varies in height like a rolling landscape. From the side it has the appearance of an earthquake seismic graph. There is even a fissure down the middle. Visually, and literally, this is a heavy piece. It protests the corrupt concrete construction business which built the schools, and the government’s refusal to officially acknowledge the number of people who perished in the disaster.
An example of Ai’s assemblage of old materials using traditional techniques to create a new work of art, is China Log, 2005. Using tieli wood (iron wood) salvaged from eight Qing dynasty temple pillars, Ai creates an “opening” in the shape of a map of China. The nation symbolically appears within the pieces of jigsaw-like assembled pieces. It is both a political statement (due to the geographical boundaries Ai chooses to use to define China’s borders), and a social comment on how new creations evolve from the destruction of China’s traditional architecture.
A final, and interesting question to consider, from an appraiser’s or collector’s perspective is: “What is Ai Weiwei’s art ‘worth’?”
Given his mainstream popularity, his work is commanding high prices in the auction market. Three pieces to consider which have similar counterparts in the AGO exhibition give us a glimpse into value in the auction market. For example, a Group of 9 Coloured Vases, consisting of Neolithic vases painted by Ai Weiwei in 2007, sold at Sotheby’s in London in 2012 for $156,325 USD; a porcelain Ruyi Sceptre, made in 2006, sold at Hosane auction (in Shanghai) in 2011 for $159,940 USD; and a Stool, signed and dated by Ai Weiwei, made from two joined Qing dynasty (1644-1911) stools, sold at Christies in New York in 2012, for $206,500 USD. (All prices include buyer’s premium.)
Why is everyone talking about Ai Weiwei? Simply put, he is many things to many people. The ‘worth’ of his art goes beyond the monetary. He is not only a master of various media, as sculptor, photographer, architect, ceramicist, and Internet blogger but also a galvanizing figure in the struggle for freedom of expression in a country where human rights are not always respected. He is an artist who deliberately takes risks and suffers consequences for his authenticity. As such, Ai Weiwei can be counted as among the most influential artists of the 21st century.
Want to learn more about contemporary Chinese art in Toronto?Check out the UCCA booth (Ullens Centre for Contemporary Art) visiting from Beijing at Art Toronto this October 24-28, 2013. They will be featuring limited edition prints of other famous artists such as Zhang Xiaogang, Wang Guangyi, and Yue Minjun, along with emerging artists. Still want more? Visit the monumental public stainless steel sculpture The Rising by Zhang Huan installed in front of the Shangri-La hotel on University Avenue. Explore the work of Xiao Gui Hui, currently living and working in Toronto, who is represented by the Christopher Cutts gallery; and visit the Gendai gallery which features Asian contemporary exhibitions. To read more in English about Contemporary Chinese art, pick up a copy of the Yishu Journal of Contemporary Chinese Art.
Susan Lahey, MA ISA
President, Eastern Art Consultants Inc.
http://easternartconsultants.com/wp-content/uploads/2013/11/Ai-Weiwei-AGO-Rebar.jpg432324Susan Laheyhttp://easternartconsultants.com/wp-content/uploads/2018/06/eastern-art-transparent-tight.pngSusan Lahey2013-11-12 17:55:192018-05-03 23:35:21What's the Big Deal About Ai Weiwei?