About Miller Fine Art Valuers

Miller Fine Art provides a broad range of high quality valuation services including valuations for insurance, financial reporting,  probate, family law, superannuation and sale purposes. Miller Fine Art is an accredited* independent valuation firm that provides objective advice tailored to meet your needs. Our Director, Helen Miller, has 30 years experience in the valuation of Australian & International art, sculpture, fine and decorative arts, silver, antique furniture and heritage items.

* A Valuer Member of the Auctioneers and Valuers Association of Australia

* A Valuer Member of the National Council of Jewellery Valuers (Fine Art Division)

* Approved Valuer under the Australian Government’s Cultural Gifts Program.

* Member of the Australian Taxation Office panel for the Provision of Expert Valuation Services.

Miller Fine Art provides the following professional fine art services: Valuations of Fine Art, Antique Furniture, Heritage Items, Decorative Arts and Collectables for the purposes of Insurance, Sale, Financial Reporting, Family Law and Superannuation.

Valuation Services

Miller Fine Art offers a wide range of valuation services to private and corporate clients including professionals such as solicitors and accountants, collecting institutions such as museums and galleries, the insurance profession and government organisations.

As independent accredited fine art valuers, Miller Fine Art offers an impartial and strictly confidential service to our clients.

Miller Fine Art provides the following valuation services:

Valuations of:

Fine Art including:

• Paintings, works on paper
• Prints and sculpture
• Antique Furniture
• Decorative Arts

We provide written valuations on the basis of Retail Replacement Value for Insurance Purposes, Fair Market Value for superannuation, probate, family law, taxation and Fair Value for financial reporting purposes.

Corporate Clients

We offer written valuations from a single item to a complete collection. The valuation in turn can assist in the development of an asset register. A hard bound copy of the report with a digital photographic record is provided together with values for insurance or financial reporting purposes. An ongoing revaluation program can also be provided.

Image: Gloria Petyarre, “Bush Medicine Leaves”, acrylic on linen, 99cm x 95cm

Family Law Valuations

Miller Fine Art has specialist knowledge with regard to the undertaking and preparation of valuation documents for Family Law matters with a clear understanding of part 15.5 of the Family Law Rules and the requirements therein.

Private Clients

Insurance Valuations

The protection of assets is the primary reason for having a valuation for insurance. Most insurance companies nominate a maximum amount payable in the event of a claim unless the item is specified within the policy. When the item is specified within the policy the client can be assured that they will be accurately recompensed. Therefore it is essential that the value of specified items be substantiated by an up to date professional valuation to facilitate settlement.

Probate Valuations

Miller Fine Art can value the contents of a property for Estate Purposes, thus assisting with the fair division of assets. We are also able to offer guidance with regard to the sale of items that no longer wish to be retained.

Valuations of Collections for Australian Accounting Standards

Miller Fine Art is able to offer independent advice to Cultural Institutions with regard to their collections in order to meet accounting standard requirements. Miller Fine Art representatives have carried out vauations for institutions under the guidelines of Australian Accounting Standards AASB 116 & AASB 13 (and related standards). The valuation methodology used for large collections is normally a sampling technique together with the identification of the most valuable items within the collection, ‘the icons’ , identified above a certain value threshold as defined by the institution.

Helen is an Approved Valuer under the Australian Government’s Cultural Gifts Program.

Industry Expertise

Helen Miller has provided valuation services to institutions such as:

• The Museum of Contemporary Art.
• The University of Sydney Art Collection.
• The Art Gallery of South Australia.
• The Australian Catholic University Art Collection.
• The RMIT Art Collection.
• The Flinders University Art Collection.
• The National Portrait Gallery.
• The Museum of Australian Democracy Heritage Collection.
• The High Court of Australia Art Collection.
• The Cruising Yacht Club of Australia Art & Memorabilia Collection.
• The Museum of Applied Arts & Sciences.
• The Charles Darwin University Art Collection.

What is provided

Insurance Valuations

• A hard bound copy of your valuation report with a digital photographic record providing proof of existence in the event of a loss
• A commentary regarding the basis of valuation.
• A revaluation program based on secure archived information.

Fair Market Valuations

• A hard bound copy of your valuation report.
• A detailed commentary regarding the basis of valuation.
• A digital photographic record if required.

Security

• Our reports are prepared under strict confidence and all notes, documents and images are securely stored without direct reference to the client’s details.