Valuations
Adrian Newstead has been an approved valuer for the Federal Government's Cultural Gifts Program since 1996 and is a member of the Auctioneers and Valuers Association of Australia (AVAA) and the Art Consulting Association of Australia (ACAA). His clients have included many of Australia's most important collecting institutions and Indigenous Keeping Places, among them the National Museum of Australia, National Gallery of Australia, National Gallery of Victoria, Powerhouse Museum, Parliament House Art Collection, National Library of Australia, Australian National Maritime Museum and the Central Land Council, along with numerous university and regional galleries throughout Australia and overseas.
What do you need a valuation for?
For insurance
A formal written valuation establishing accurate replacement cover against loss, theft or damage.
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For an estate or settlement
Fair value for probate, inheritance planning, or the division of property in an estate, separation or other legal dispute.
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For a donation
Cultural Gifts Program donations require two valuations by government-approved valuers, on official forms. Adrian has been an approved valuer since 1996.
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For a possible sale
An impartial view of what a work would bring at auction or by private treaty — before you decide whether, and how, to sell.
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For superannuation
Meeting the regulatory requirements for artworks held as assets in a self-managed superannuation fund.
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For a loan or touring exhibition
Valuing works lent to museums and galleries, or included in touring exhibitions in Australia and overseas.
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Or simply curious — a valuation for general interest or market advice is equally welcome. The enquiry form also lists every formal type we prepare (Insurance replacement, Private treaty sale, Sale by public auction, and more).
How much does a valuation cost?
The cost depends on the type of valuation required and the time it takes. A base rate of $350 + GST per hour applies. Many valuations, especially for single works, can be completed at this minimum rate. The more information and images the owner can provide, the more cost-efficient the process is.
Valuations for insurance replacement, private treaty sale, sale by public auction, divorce settlement, estate division and probate each require a different approach. Valuations for superannuation assets, property settlements and cultural gifts are the most complex and take the greatest time — in the case of Cultural Gifts Program donations, two valuations are required on official Department of the Arts forms.
Qualifications
Adrian Newstead OAM is qualified by the Australian Government to value Australian colonial, modern, contemporary and Indigenous art, including painting, drawing, prints and sculpture post-1880, and Australian photography post-1900. His expertise covers historic and contemporary Australian Indigenous art and material culture from all regions, including prints, drawings, textiles, paintings, sculptures, ceramics, glassware and fibre works. Specialist areas include material culture items, Hermannsburg watercolours, Western Desert art, Arnhem Land art and Urban art.
Regardless of the type of valuation required, Adrian Newstead guarantees impartiality and independence, free of conflict of interest. He is an approved valuer under the Cultural Gifts Program.
Request a valuation
Complete the form below, or email adrian@newsteadart.com.