Museum Valuations
Coram James provides independent art valuations and collection audits for museums, universities, galleries, corporate and heritage collections, and significant private collections on public loan.
We work with curators, registrars, collection managers, auditors and professional advisers, including the Big Four accountancy firms, providing valuations that are thoroughly researched, independently evidenced and defensible for audit, insurance and financial reporting purposes.
We are instructed by government departments, including on works covered by the Government Indemnity Scheme.
Our specialists cover a broad range of collecting areas, including modern and contemporary art, Old Masters, antiquities, Asian and world art, decorative arts, jewellery and watches, books and manuscripts. Each field is assessed by a specialist with senior auction house and market experience, ensuring that each object is valued by an expert with knowledge of its particular market.
Services
- Collection audits and full valuations
- Independent valuations for financial and statutory reporting
- Insurance valuations and insurance programme reviews
- Loan, exhibition and indemnity values
- Valuations for acquisitions, gifts and deaccessioning
- Valuations for tax, accounting and estate planning purposes
How We Work
We work alongside curators, registrars, collections teams, auditors and professional advisers, undertaking valuations on site and to your timetable, with minimal disruption to displays and stores.
Our reports provide a clear audit trail, with values supported by appropriate market evidence and specialist research. Reports are prepared in accordance with RICS Valuation – Global Standards (the Red Book) and signed by a named RICS Registered Valuer, providing an independent and defensible basis for audit, insurance and other professional requirements.
Recent Work
- A full valuation audit of a major university art collection, covering modern and contemporary painting and sculpture, world art and antiquities.
- An insurance valuation of a major museum collection in the Middle East.
- An insurance valuation of art, furniture, books and clocks at a private members’ club in St James’s.
- Valuation and audit work undertaken in conjunction with leading professional advisers and accountancy firms.
To discuss an institutional collection, collection audit or art valuation, please contact Robert Coram James on 020 7305 7360 or at info@coramjames.com.
