Step 1: Contact Dr. Wei Yang for a preview. Please send 3 or 4 photos of your property (front, back, base, inscription, signature, seal or mark) via email attachment for review. A preview aims to shed light on the suitability of your property for appraisal. It is NOT an online appraisal. It is NOT an authentication. Dr. Yang's preview comments are her personal opinions and conclusions based on market facts and her findings.
Step 2: Identify your appraisal need and choose a type of appraisal. The appraisal cost is determined by the scope of work necessary to complete the assignment. In other words, the more information you ask, the more expensive an appraisal is. To be cost-effective, please focus on ONE appraisal need (sale consultation, insurance, estate taxation, charitable contribution or capital gains, etc.), since every appraisal need calls for a specific value conclusion and differenct research approaches.
A Restricted appraisal might be sufficient for sale or purchase advisory, or curiosity, if you only need identification and value conclusion for your own use. If you wish to share the document with third parties, an appraisal is appropriate for insurance claim or settlement, dissolution of marriage, pre-nuptial agreement and bankruptcy, taxation purposes, such as charitable donation, estate tax, capital gains, etc..
Step 3: Choose an inspection method. For a credible appraisal, a proper inspection of your property is recommended. Option 1: Coming to Princeton, NJ is ideal (by appointment). Option 2: Shipping the property to Princeton with a prepaid return label is cost-effective. Option 3: An inspection via high quality digital photos is permissible, with limitations. This method only apply to some forms of Asian art. You can discuss your inspection options with Dr. Yang. Option 4: In-Person inspection is available only for a sizable collection or by request. The on-site inspection cost includes travel expenses and per diems for two appraisers. No matter what inspection method you adopt, the bottom line is to make sure that the inspection is adequate and the credibility of the appraisal is intact.
Step 4: Sign agreement and pay a retainer to engage Dr. Wei Yang's services. Once you approve Dr. Yang's proposal and wish to proceed, you will receive an engagement letter detailing the appraisal procedure, fees and payment, terms and conditions for your final approval.
Step 5: Make final payment. After the report is completed, you will receive an email notice for the final payment.
Step 6: Receive the report. After the final balance is paid in full, you will receive a hard copy of the appraisal report via USPS priority mail in 3-4 weeks after inspection. A faster delivery method is avialble at your cost.
How We Estimate Appraisal Cost
The appraisal cost is determined by the scope of work necessary to complete the assignment. Dr. Wei Yang adopts either a flat fee or hourly rate approach depending on the nature of the appraisal assignment. For most assignments, the proposed appraisal cost is final once we enter a flat-fee agreement. For litigation support, Dr. Yang follows the industry's billing standards by billing at the expert's hourly rate. Anticipating the risk of answering questions quickly based on insufficient data and research, Dr. Yang insists on working prudently, diligently and efficiently to get the job done right.
Dr. Yang is sensitive to your financial obligations. Before proposing an appraisal fee estimate, Dr. Yang weighs carefully the scope of work necessary and time needed for completing the assignment properly. She recommends the most cost-effective option to her clients for consideration, including the option of working with local art professionals. Dr. Yang's appraisal fee estimate usually reflects the minimum cost for her to offer quality services appropriate to your needs. On some cases, she may spend more time and resources than she originally anticipated. However, she wouldn't cut corners in her research or provide less information in her final report. Appraisal reports prepared by Dr. Wei Yang comply with the Uniform Standards of Professional Appraisal Practice (USPAP) adopted and promulgated by the Board of Standards of The Appraisers Foundation. She rigorously follows the code of ethics for professional appraisers in her practice.
Dr. Wei Yang offers quality Asian art consulting & appraisal services at an affordable rate. She investigates critical information relevant to your artwork before arriving at a value conclusion. She takes pride in the depth of research she conducts, the information she provides and the quality of her appraisal report.
Our Dr. Wei Yang is happy to help you achieve your goals. Have questions about Asian Art? Need professional Chinese Art Consultation for your collection? Need Art Appraisal for your art objects? Want to know more about the Asian Art Market? Want to know Where and How to sell your art objects ? Let our art specialists help you meet your Asian art consulting and appraisal needs.
Dr. Wei Yang prefers a personal check, bank check or money order made out to Wei Yang; Making payment to:contact@weiyangart.com via PayPal or Zelle;
Dr. Yang does not accept foreign personal check. International clients are required to make payment via wire transfer or PayPal.
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Dr. Wei Yang Consults & Appraises Asian Art
