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  • Difficulty in accurately assessing the value of unique or unconventional artworks
  • Limited access to reliable market data for emerging or niche artists
  • Inconsistencies in pricing and valuation methodologies among different appraisers
  • Challenges in determining the authenticity of artworks, especially for older or less well-documented pieces
  • Dealing with clients who have unrealistic expectations or emotional attachments to their artworks
  • Pressure to provide quick and accurate appraisals, especially for time-sensitive transactions
  • Lack of standardized industry guidelines or best practices for appraisal processes
  • Balancing the subjective nature of art valuation with the need for objective and transparent assessments
  • Managing conflicts of interest when appraising artworks for clients with whom the appraiser has a personal or professional relationship
  • Keeping up with changing market trends and fluctuations in art prices

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