Appraisals Offered

• – Income tax appraisals for charitable contributions
• – Estate and gift tax appraisals
• – Insurance appraisals
• – Damage and Loss

Fees

A fee schedule is available for individual works of art. Special rates are also available for larger projects.

Advantages of ADAA Appraisal

• – Qualified knowledgeable appraisal staff
• – Access to Member Dealers’ private sales
• – Access to Member Dealers’ expertise
• – A 48-Year History of Excellence

Fine Art Appraisal Categories

• Post 1945 and Contemporary
• Modern
• 19th c. European/Impressionist
• Old Masters
• American
• Latin American
• Paintings
• Photography
• Prints
• Sculpture
• Works on Paper

For detailed information about the
appraisal service, please contact:

Appraisal Department
Art Dealers Association of America
205 Lexington Avenue, Suite #901
New York, NY 10016
phone: 212 488 5530  fax: 646 688 6809
appraisals@artdealers.org

The ADAA Appraisal Staff

The ADAA Appraisal Service has appraised works of art for tax purposes for more than 48 years. ADAA appraisers are qualified by experience and education in their respective areas of specialization. They are trained in appraisal standards and have successfully completed the Uniform Standards of Professional Appraisal Practice (USPAP) program. They have in-depth knowledge of the art market and have extensive experience valuing works of art. Staff appraisers specialties include Contemporary International, 15th–19th century European, late 19th and 20th century American and European, and Latin American art.

In determining an accurate value of a single work or a large collection, ADAA appraisers not only review auction records but consult with member dealers most familiar with the artist's work and have access to private sales information that is vital criteria for valuation. Because of the thorough research and due diligence of the appraisers, ADAA appraisals have an outstanding acceptance record with the IRS and are known for their professional quality throughout the art community.

Karen E. Carolan
Executive Director Appraisal Services
Karen E. Carolan, former Director of Art Appraisal Services and Chair of the Art Advisory Panel at the Internal Revenue Service (IRS) from 1983 through 2009 is a welcome resource in the department. Ms. Carolan has been an appraiser of works of art for over thirty-five years and is particularly expert in the intricacies of art valuation and estate and gift tax appraisals. During her time at the IRS, Ms. Carolan performed and reviewed thousands of appraisals with a total claimed value of over $4 billion. She has testified as an expert witness in numerous cases in the U.S. Tax Court on the valuation of art and cultural property, and has particular expertise in late 19th and 20th century European and American paintings, drawings and sculpture.

Susan L. Brundage
Director of Appraisal Department
Ms. Brundage is Director of the department and her years of experience working in the arts has given her an expert knowledge of the market. For over twenty years, she was the Director of the world-renowned Leo Castelli Gallery. She also has had experience advising for corporate and personal collections. Susan is a member of the Appraisers Association of America and trained in USPAP to ensure the high standards of our services.

Gilbert S. Edelson
Administrative Vice President
Mr. Edelson has supervised the Appraisal Department of the ADAA since its inception in 1962, and his years of experience are an essential resource for the department. Currently counsel at Katten Muchin Rosenman, Mr. Edelson has represented artists, art dealers, collectors and others in the art community in a wide variety of legal matters.