T/GAAA 0002-2018 Artwork Evaluation Work Procedure

Scope

Main technical content: This regulation comprehensively and meticulously standardizes the art evaluation work. Firstly, it clearly defines and specifies requirements. The "Regulations" define the consignors, appraisers, art evaluation institutions, artworks, and art evaluation involved in art evaluation activities, and set forth requirements for the basic principles that all parties must abide by. Secondly, it proposes important evaluation systems including the "Back-to-Back" system and the "Validity Period Responsibility System". The "Back-to-Back" system requires that one convener convene three appraisers to independently evaluate the same artworks. The "Validity Period Responsibility System" requires that when appraisers conduct art evaluations, the evaluation results they provide shall be responsible for by themselves within the validity period of the evaluation certificate, and they shall not be exempt from liability due to changes in time, position, or duties after problems arise during this validity period. Thirdly, it summarizes the basic methods used in art evaluation, including art law, market method, cost method, and income method. Fourthly, it proposes a standardized art evaluation process, which mainly includes eight procedures: acceptance and commissioning, registration and filing, appointment of appraisers, evaluation, writing evaluation opinions, issuing evaluation result notifications, entering the database, and archiving and storage.

Development Information

Related Standards