ArtiFacts Art Services - Art Valuations

Accreditations

Accredited valuer for the Australian Government's Cultural Gifts Program: approved to value Australian art (painting, works on paper, prints and sculpture) after 1880; Australian painted ceramics from 1930; Australian photography after 1960; Australian indigenous art after 1970 (incl. new media), and bark paintings; all regions.

Member of the Auctioneers and Valuers Association of Australia, Inc., NSW; Certified Practising Valuer No.441

Member of the Art Consulting Association of Australia; Accredited Valuer No.007

“The SMSF valuations inspected by ArtiFacts were provided at insurance levels, and were around 5% higher than purchase price. This is not unsurprising (this practice was standard amongst art investment companies) or even problematic, as long as individuals are made aware of the differences accorded to notions of value across the primary and secondary art markets, and that insurance values aren’t used at time of purchase to reflect a work’s likely realisable resale value.” (2011)

VALUATIONS

Jane Raffan is an approved valuer for the highly vetted Australian Government’s Cultural Gifts Program, certified practising valuer and board director of the AVAA, Auctioneers and Valuers Association of Australia (former Vice President 2016-2023), and accredited valuer and former Executive Committee member of the Art Consulting Association of Australia. The AVAA requires valuers to adhere to the conceptual framework and standards set by the International Valuation Standards Council (IVSC), which are endorsed by the ATO.

Jane has extensive experience working in the commercial fine art auction industry, where she provided appraisals and valuations for Australian and Aboriginal art on a regular basis. She also writes regular auction market commentary for a leading industry publisher.

For clients seeking valuation services, ArtiFacts offers the benefit of Jane Raffan’s critical market insight and broad expertise in Australian art, including Aboriginal art.

ArtiFacts’ Comprehensive Appraisal & Valuation Services include:

• Asset validation valuations for self-managed superannuation funds (SMSFs)

• Fair market validation reports for public institutions' acquisition due diligence process
• Corporate asset validations

• Expert witness valuations and validation reports

• Fair market and forced value reports (insolvency matters) for liquidators

• Fair value reports for fine art assets in real property portfolios
• Valuations for leasing and acquisition finance approvals
• Insurance valuations for newly acquired work, and renewals, private and corporate
• Superannuation portfolio insurance valuation updates
• Market valuations for probate and family law proceedings
• Fair market valuations for private sales
• Appraisals for secondary market sales
• Tax incentive valuations for philanthropic donations, including the Cultural Gifts Program

Public Entities and NGOs who have contracted ArtiFacts’ valuation services include:

Art Gallery of New South Wales, Sydney

Australia Council for the Arts, Sydney
Australian Museum, Sydney

Australian National Maritime Museum, Sydney

Australia Post

Ballarat Fine Art Gallery, VIC

City of Canada Bay Council, Sydney

Creative Australia (formerly Australia Council for the Arts), Sydney
Hume City Council, VIC

Lawrence Wilson Art Gallery, University of Western Australia, Perth
Moree Plains Art Gallery, NSW

Murdoch University Art Collection, WA

Museum of Applied Arts & Sciences, Sydney

National Gallery of Victoria, Melbourne

National Museum of Australia, ACT

Newcastle Art Gallery, NSW

NSW state government (Dept. Family & Community Services)

North Burnett Regional Council, QLD

Northern Territory Legislative Assembly

Orange Regional Gallery, NSW

Penrith Regional Gallery & The Lewers Bequest, NSW

Port Hedland Shire, WA

Powerhouse Museum, Sydney
Queensland Art Gallery | Gallery of Modern Art, Brisbane

QLD State Government (Dept. State Development)

QLD State Government (Metro North Health)

Shoalhaven Regional Gallery, NSW

WA State Government (Development WA)
World Vision Australia, Sydney (Birrung Gallery)