The evaluation model uses 3 different sources for the elaboration of the final estimation, taking into consideration the different actors, markets and mechanisms that influence the value of an artwork.
The Fair Value is calculated through the weighted average of the values obtained from the 3 sources of evaluation, and then refined by the introduction of sensitivity coefficients that clear the result from the imperfections of the market.
ANW certified evaluation consists in an exact estimate of the artwork’s value, necessary for insurance, estate or sale purposes.
The appraisal is obtained in an analytical, independent and objective way through the application of ArtNetWorth evaluation model, which has been recognized by the Italian Ministry of Cultural Heritage (MIBAC) in 2009. The result is the calculation of the Fair Value, an index representing the artwork’s real value cleared of all market imperfections.ARTNETWORTH
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