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Senior Appraiser
Masterworks.io New York, NY
$60k-96k (estimate)
Full Time 7 Months Ago
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Masterworks.io is Hiring a Senior Appraiser Near New York, NY

Company Overview:

Masterworks is a fintech platform that allows anyone to invest in shares of SEC-qualified blue-chip paintings by names like Banksy, Monet, and Picasso. So far, we have raised over $400M across 100 paintings from more than 450,000 users. This year, we expect to buy more than $1 billion in art, making us the largest buyer in the art market.

The business has more than 180 employees, and has been featured in major media publications such as The NY Times, CNBC, CNN, WSJ, and more. After becoming profitable in early 2020, just three years after being founded, Masterworks raised $110M in its Series A round with a valuation of over $1 billion.

With the exception of our tech team, all employees work in our offices at Brookfield Place in the Financial District of New York City.

Position and Responsibilities Overview:

Masterworks has become a significant player in the market, with a collection of over 120 paintings valued at nearly $500m. We are looking for an experienced Appraiser, with a specialization in blue-chip Modern and Contemporary Art to join our Team.

You will report to the Head of Appraisals and be responsible for:

  • Providing highly credible opinions on value for blue-chip Post War and Contemporary paintings by artists like Andy Warhol, Joan Mitchell and Mark Bradford.
  • Assessing Fair Market Value for paintings priced in excess of $1 million and regularly contributing to pricing sessions.
  • Vetting artworks for acquisition including analysis of the artist’s historical market performance, condition, provenance and appropriate authentication protocols for the artist.
  • Performing and supervising research on artworks in the Masterworks portfolio and prospective acquisitions.
  • Writing and editing essays on artworks acquired by Masterworks.
  • Maintaining overviews of an artist’s practice and market and related research materials.
  • Providing USPAP compliant Fair Market Value Appraisal Reports for works in the collection on an ongoing basis and actively contributing to the improvement of internal processes.
  • Managing pricing data and information, in compliance with USPAP standards, for the 200 artworks owned by the company.
  • Inspection of artworks in person and on site, as necessary.

Requirements or Skill Sets:

  • 8 years of experience in the art market, with extensive knowledge of the secondary art market for Post War and Contemporary Art
  • Experience at a major auction house, appraisal firm or advisory group is required
  • Working knowledge of Excel and/or Google Sheets, including formulas, is a must
  • Familiarity with database management and/or Airtable is a plus
  • Highly analytical, data driven, discrete and highly organized
  • Fast learner with excellent verbal and written communication skills
  • USPAP Certification required

Additional Requirements:

  • Must be able to work in the NYC office.
  • Must be eligible to work in the US - no exceptions.

Job Summary

JOB TYPE

Full Time

SALARY

$60k-96k (estimate)

POST DATE

09/04/2022

EXPIRATION DATE

01/13/2023

WEBSITE

masterworks.io

HEADQUARTERS

New York, NY

SIZE

<25

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