MUSEUM SOLVED ART APPRAISAL – THIS TECHNOLOGY COULD CHANGE GLOBAL ECONOMY AND CREATE JOBS

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(Free-Press-Release.com) December 18, 2010 -- MUSEUM SOLVED ART APPRAISAL – THIS TECHNOLOGY COULD CHANGE GLOBAL ECONOMY AND CREATE JOBS

Art, antiques and collectibles – also know as cultural property have always made headlines with their unbelievable price-tags and Indiana Jones mysteries. And while some of these extraordinary items easily breached the Million dollar benchmark no-one really knew how and from where these price points came to be – Until now…

What was known to this point about art appraisal is that it is unregulated and no standards clearly stating how it should be done exist.

To the average individual this means very little but to the government, insurance companies, banks, police and wealthy individuals this creates a headache of whom to trust, how to tax, where and how to accurately appraise, for how much to insure, what to pay out…. the list goes on and on.

As can be seen a large sector of economy is undermined, jobs that should exist are not created, money is not managed properly.

Further criminal organizations and even terrorist groups now use art market as money havens – anonymously investing, moving and liquidating art, antiques, collectibles worldwide. This is called the unregistered cash flow much needed to support terrorist and criminal activates all over the globe.

For readers information, after September 11 when all markets experienced a downfall the art and antiques market jumped by 14 percent.

A solution was developed by a private organization the – Tamoikins Museum. At their own initiative they invested in the research of the art, antiques and collectibles market and began to analyse the data gathered. What was determined is that what seemed to be a chaotic market had many patterns and mathematical structures that no one previously capitalized on. Basically what this means is – they were able to place a value on beauty, history, skill and 26 other criterions that collectors and society recognizes the most.

To make the log story short – what came out was a mathematical, logical, auditable and most importantly transparent appraisal technology that can finally stand in the court of law. Although Tmoikins Museum patented and copyrighted the system gaining monopoly – they are willing to sell the innovation for a hefty price. However according to the museum’s owners the potential benefits that could be gained are enormous.

A newly regulated market equals to more jobs, investments, taxes and overall cash-flow which is predicted to be in multibillion dollar range of yearly circulation.

Surely this technology would be of interest to both government and private investors.

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