Ashley & Associates is the only fine art appraisal firm in Aotearoa New Zealand that complies with international appraisal standards. Our areas of expert knowledge include painting and sculpture, photography and prints, Māori and Pacific artefacts, antique and decorative objects, rare books and manuscripts, and cultural heritage objects.
Ashley & Associates act internationally as insurance claims consultants. Appointed by leading fine art insurance companies, we provide independent advice concerning claims involving damage and loss of art and cultural objects.
Services include an opinion on the cause, initial assessment of loss and remedial measures, restoration and conservation, settlement advice and reviewing diminution in value.
Ashley & Associates are specialists in managing large-scale, complex museum appraisals and have completed projects for several of New Zealand’s most significant museums, institutions and galleries. The valuation methodology employed for this type of assessment is usually Fair Value, as outlined by the Treasury to comply with the requirements of the New Zealand equivalent to International Accounting Standard 16: (NZ IAS 16) and Crown accounting policies.
Ashley & Associates are also uniquely experienced in appraising intangible heritage assets, including born-digital and migrated digital collections, as well as sound and film recordings. These assessments comply with Public Benefit Entity International Public Sector Accounting Standard 31, Intangible Assets, (PBE IPSAS 31), issued by External Reporting Board.
Market dynamics can cause fluctuations in the value of your collectables, so it is essential that your insurance policy is kept up to date.
The insurance value is based on Retail Replacement Value, which is defined as the highest amount 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 in an appropriate and relevant market. When applicable, sales and or import tax, commissions and or premiums are included in this amount.
In the event of a loss, a professional appraisal report prepared by Ashley & Associates ensures that our clients can easily identify what is damaged, and their insurance company has the correct information to reach a settlement as quickly as possible.
Are you considering selling an item and would like to know what it’s worth?
Marketable Cash Value is the amount realised, net of expenses, by a willing seller of a property in a competitive and open market to a willing buyer, both being reasonably knowledgeable of all relevant facts, and neither being under constraint to sell.
Ashley & Associates works closely with clients to help them understand the market for the object, and offer advice on potential sales avenues.
Should smoke, fire, flood, earthquake, vandalisation or other accidental means damage your personal property, an evaluation to assess the loss in value is often required.
Ashley & Associates are experts in this area and will provide a report detailing the loss, as well as a Retail Replacement Value before the damage occurred.
Ashley & Associates adhere to the Uniform Standards of Professional Appraisal Practice (USPAP) and the International Valuation Standards (IVS).
These standards are set forth by the Appraisal Foundation and The International Valuation Standards Council as a source of appraisal standards and appraiser qualifications. The USPAP and the IVS are universally accepted and ensure that appraisers perform valuation services competently, and in a manner that is independent, impartial and objective.
Ashley & Associates is New Zealand’s only USPAP and IVS compliant personal property appraisal firm.
Our valuation services are quoted at an hourly rate with a minimum charge of one hour. Contact us for a no-obligation quote.
Further to a formal valuation, clients may choose to subscribe to Ashley & Associates cost-effective annual updating service. This system ensures that a collection is regularly reviewed and revalued, to guarantee that customers are neither over nor under-insured. Please inquire for more details.