Betty Krulik Fine Art Limited provides the following services.  She strives for full transparency in transactions in an industry that has few regulations. She maintains the highest ethical standards.

 

Auction Purchases

Advice on the purchase and sale of paintings, drawings and sculptures at auction.

Betty Krulik Fine Art, Ltd.  Advises clients on auction purchases, thoroughly researching the works under consideration; determining condition, quality, through a comparable analysis. She works with you to determine bidding levels, and oversees conservation, framing and shipping.

Auction Sales

Find placement for a single object or for an entire  collection, with highly reputable Auction Houses in regions and locally to achieve the strongest prices for your collection.  Negotiates advantageous terms and accounting for your collection.

Brokerage

Discreet and confidential brokerage of paintings, drawings and sculptures from individual and estates. We have placed works in institutions and in private collections across the United States, and have achieved record prices for many artists.

Expert Witness Work

I have expert witness experience in cases related to current and historical value, appraisal methodology, best practices and the history of the American Art Market from 1970 to the present.

Appraisals

Betty Krulik is a Certified Member of the Appraisers Association of America, and serves on the board as Past-President.  Her certification is in American Art.  She has had extensive training in Theory and Methodology, Ethics and Legal and current in the Uniform Standards of Professional Appraisal Practice (USPAP) which sets minimum standards for Appraisal practice.

Appraisal services for insurance, estate, and gift and donation purposes for filing for Internal Revenue Services.

Appraisals are fully researched with analysis of each work with its provenance, exhibition and literature; comparable works, and a discussion of its current value.

For Insurance appraisals, works are valued at the retail level defined as highest amount in terms of US dollars that would be required to replace a property with another of similar age, quality, origin, appearance, provenance, and condition within a reasonable length of time.

IRS appraisals (Estate, Gift and Donation) mandate the use of Fair Market Value, which is broadly defined as the price at which a work would sell between a willing buyer and willing seller, both knowledgeable about the facts and in the most appropriate market for that type of object.

Advice on appropriate institutions to donate art works, processes and rules and regulations regarding non cash charitable donations.  The relevant IRS forms are sent to the client with the finished appraisal.