Should I Become an Art Appraiser?
Art appraisers provide professionally researched opinions about the authenticity and value of pieces of art, antiques, and jewelry for insurance purposes, tax valuation, and auctions, as well as to aid property division during divorce proceedings. Appraisers must have an extensive knowledge of art history and the international art marketplace along with a thorough understanding of estate and income tax laws. They must also understand the principles used to determine the fair market value for art objects. Many hours might be spent sitting and performing computer research in this occupation.
|Salary||$60,287 (median annual salary for level one collateral appraisers, June 2016)|
|Degree Level||Bachelor's degree (minimum)|
|Degree Field||Art history, fine arts, or related field|
|Experience||2+ years (requirements vary by employer)|
|Key Skills||Strong verbal and written communication skills, research skills, knowledge of tax laws related to art appraisals and insurance, knowledge of art history and photography, basic computer and internet skills|
Sources: Salary.com, iSeek.org, Internal Revenue Service (IRS), Edinboro University.
Steps to Become an Art Appraiser
Step 1: Earn a Bachelor's Degree
Aspiring art appraisers are expected to have knowledge of the many styles and time periods related to the history of art. Although programs specifically in art appraisal are not available, you can study art history and fine arts. These fields can help you develop the appreciation for art and the eye for judging art that will be needed in their careers as art appraisers. Courses in economics or finance may also be helpful since you have to become skilled at assessing the financial value of art. You will also have to meet IRS guidelines for appraising the value of art.
Complete an internship. You should consider interning for an art auction house or an appraisal firm during college to gain insight into the commercial aspect of the art world. It would also be useful to intern at art museums or galleries to gain experience in handling and evaluating art pieces.
Step 2: Join a Professional Organization
Becoming a member of a professional organization is a good way to improve career opportunities. The International Society of Appraisers (ISA) and American Society of Appraisers (ASA) offer entry-level memberships. You can join as candidates, and after you pass a series of steps, you gain full membership. These organizations offer up-to-date, industry-standard information and training opportunities, as well as access to jobs, marketing and networking opportunities. Furthermore, IRS regulations demand that appraisers state their educational qualifications and membership in professional organizations in every appraisal report. This information may be used to judge the validity of personal property valuations made by art appraisers.
Step 3: Obtain Certification
Earning a certificate in appraisal studies is not a requirement, but it may be helpful. This certificate can offer the kind of targeted training in personal property valuation that isn't available in a formal degree program. A few schools offer these professional certificate programs in partnership with the American Society of Appraisers (ASA). A bachelor's degree or related professional experience may be required for admission.
Core courses include an introduction to personal property valuation and other courses specific to personal property valuation, including research and analysis, report writing, and the legal and commercial environment. You are also expected to be current on the Uniform Standards of Professional Appraisal Practice (USPAP), which is a set of professional and ethical guidelines issued by the Appraisal Standards Board (ASB). You may cover the USPAP in a core or elective course, as well as studies on writing appraisal reports, photographing art works, and appraising antique jewelry.
Step 4: Consider Graduate Programs in Art History
Appraisers sometimes have to consider the color and tone preferences, anatomical proportions of figures, and angles of brush strokes to authenticate a painting. Completing a master's or doctoral degree program in art history can be useful though it is not necessary. The scholarly research required for these postgraduate programs would later help to authenticate works of art and estimate their value.
Step 5: Find Work at an Art Appraisal Firm
Appraisal firms and auction houses are the largest employers of appraisers. However, some appraisers choose to work as independent contractors. Successful art appraisers must develop a reputation for honesty and accuracy in order to gain credibility with their clients and the IRS. Spending a number of years practicing the craft helps appraisers enhance their skills and reputation in this industry.
To become at art appraiser, you'll need at least a bachelor's degree. Joining a professional organization, earning certification, and obtaining a graduate degree can all enhance your career opportunities.