artappraisal

noun
UK /ˈɑːt.əˌpreɪ.zəl/
US /ˈɑːrt.əˌpreɪ.zəl/

Art appraisal is when an expert looks at a piece of art to figure out how much money it is worth.

The museum asked for an art appraisal before deciding to buy the old painting.


OTHER MEANINGS

2. A written report that states the estimated value of an artwork.

The insurance company needed the art appraisal before covering the sculpture.

3. The process of judging the quality or authenticity of a work of art.

Her art appraisal confirmed that the drawing was an original, not a copy.

4. An expert's opinion about the condition and worth of a painting or other artwork.

The art appraisal noted some damage to the frame but praised the canvas.