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ART  VALUATION

Auction, Fair Market, Replacement, Liquidation

​Auction

When consigning your art to auction and when targeting new acquisitions for you we conduct a through analysis of the history of the artwork's relative sales results.

 

Utilising a database of 30,000,000 auction results, indices and economic metrics of 850,000 plus artists from over 7000 global auction houses dating back 300 years, we produce a concise low - high auction estimate.

 

Fair Market Value

Fair market value (FMV) is the price that an artwork would sell between a buyer and seller on the open market. The FMV is generally what is used for charitable donation values and inheritance tax.

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Replacement Value

Replacement value is the cost it would require to replace the artwork with a similar work of equitable condition purchased in an appropriate market place in a limited amount of time. This value is the highest value of an artwork and is used for insurance coverage.

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Liquidation Value

Liquidation value is the value of the piece if forced to sell in limited conditions and possibly time constraints.

Disclaimer

PINX does not offer, promote, solicit or advise on financial investments, capital growth, tax or finance.

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​PINX is not authorised or regulated by the FCA (Financial  Conduct  Authority). Works of art are not investments of a specified kind within the scope of the Financial Services and Markets Act 2000 nor are they controlled investments subject to Section 21 of the Financial Services and Market Act 2000 and the Financial Promotion Order. Any and all information provided by PINX relates to the sale of works of art and their value. PINX does not deal with “options”, futures or any regulated investments or secured finance of a specified kind under the Financial Services and Markets Act 2000. No information provided should be deemed to constitute the provision of financial investment or other professional advice subject to regulation under the Financial Services and Market 2000.

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The information contained in our marketing materials or the Website is not intended to be an offer to buy or sell securities, and our Website should not be regarded as an offer of solicitation to conduct investment business of any investment or activity regulated by the FCA.

 

Please note the value of art can go down as well as up and you may not get back the money you paid for the artwork.  You must not rely on the information in our Report/s or any other opinion we give to you verbally or in writing to make a financial or investment decision.  Past performance is not necessarily indicative of future performance. Before making any decision, we recommend you consider your objectives, financial situation and individual needs. An investment in art is not regulated and will not be covered by the Financial Services Compensation Scheme. We do not offer advice about the suitability of a Work as an investment and you should carry out your own due diligence before committing to an investment.  Should you require financial advice you should consult a suitably qualified financial advisor.

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​We do not give any warranty or representation nor assume any responsibility as to the accuracy, reliability or completeness of information which is contained in our Reports or any other statement or opinion we give.  Any reference to the Work, the art market or any other information contained in the Report is based on our judgement and opinion only.

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​Except insofar as any liability under statute cannot be excluded, we do not accept any liability for any error or omission in our Reports or in relation to our opinion for any resulting loss or damaged you or any other person suffers and we accept no liability for any statement, representation or opinion given by any third party, even if we have placed reliance on it in forming our opinion in the Report.

 

We do not broker and or advise on finance and act as Introducers only to Principle Lenders. All information and content is for educational purposes only and must not be relied upon for investment or financial decisions for which you should seek appropriate independent advice. 

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