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Appraisal ID: 232739
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Appraised On: 20-11-2011
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Title: Japanese Bronze Statue
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Date/Era/Period: 1897
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Description: a 19th century bronze statue by the artist Moritsugu Takagawa supposedly done in 1897 described as "Silver carving inlaid with gold." The statue is of Ranryo-o and is The King of Lanlian.
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Condition: Excellent
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Origin: Inherit it from a relative
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Provenance: Only owned by relative and us
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Appraised By: Valerie Bennett
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Appraiser Comments: You have a marvelous piece of Meiji metalwork complete with the wooden box it came in.Moritsugu Takagawa is a reasonably well-known metalsmith.He was a disciple of Unni Yoshimori an important maker of sword fittings before the public carrying of swords was outlawed and metalsmith turned to producing these types of works in the late 19th century. The Japanese art market has had it's ups and downs in the last 20 years. It was up in the early nineties until the great Tokyo property crash of1992 ruined the Japanese economy for at least a decade, and then it was very low in 2008 when Americans who are now the principle market for these bronzes were not buying art. But the Japanese market is slowly coming back for the better quality works such as this. Last year a piece sold dor $8,000in London. I think your piece would bring between $10and $12,000today. It should be insured for closer to $15,000.
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* Current Fair Market Value: $10,000.00
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** Replacement Cost: $15,000.00
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All values are in US currency
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This online appraisal is an expert's opinion of the item(s) depicted above based solely on images and information supplied by our customer. Additional information, not shown on this certificate, may have been taken into account for this online Appraisal.

Please Note: Our service strives to include the best international authorities in their respective fields. While the appraiser may be an expert in rendering the valuation, please understand that they may not be completely fluent in English.

* Current Fair Market Value is the amount someone might receive when selling their item to a dealer or at auction. It is also the amount most government tax agencies (IRS, Revenue Canada, Inland Revenue, etc.) recognize as the tax deductible amount were the item donated to a charitable organization.

** Replacement Cost is the retail amount one might reasonably pay to purchase the item from a dealer, gallery, store, etc. It is also the amount for which one may want to insure an item.

For currency conversion go to http://www.xe.net/ucc/full.shtml

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