Sharon Smith Theobald, President
Education and Qualifications

email: Appraisal Associates International

Sharon Smith Theobald, ASA

Accredited Senior Appraiser:
Personal Property and Fine Art.

Ms. Smith-Theobald is President of Appraisal Associates International, (AAI) and VRS, specializing in the valuation of Personal Property / Fine Art and providing both valuation and appraisal services for private individuals, estates, accountants, corporations, attorneys, insurance companies, museum collections, gift and tax-donation as well as family division purposes.

::::;;AAI is a full-service, personal property appraisal firm specializing in art, ( paintings, sculpture, works of art on paper ) and antiques. Valuation expertise is provided in Fair Market Value, Estate and Liquidation Value as well as Insurance Replacement Value. Specialized services also include Charitable and donation appraisals for gifts to museums, universities and not-for-profit institutions, expert witness testimony and counsel for fine art valuation purposes, and appraisal of museum collections. VRS is a value realization service designed to maximize the net amount realized by placing property in the proper market for the estate, client or institution.

::::;;Theobald received a B. A. from the State University of New Jersey, a Master's degree from Hofstra University, and completed additional graduate work in Art History with Rosalind Bengelsdorf Browne at the New School for Social Research in New York City as well as Ph.D. courses at Purdue University and Museum Studies with the British Council in London, England and Beijing. She is an ASA faculty member and has been a member of the faculty at the State University of New York; The New York Institute of Technology, and Sir Wilfrid Laurier University in Waterloo, Ontario, Canada and is the recipient of the Hofstra University Distinguished Alumni Award.

::::;;Ms. Smith-Theobald served as Executive Director of the Greater Lafayette Museum of Art (1978-1992), initiated a modern painting collection and art pottery collection. She co-curated over 500 exhibitions of modern paintings, photography, Latin American Art, English and American ceramics and silver as well as American Indian and Western Art. A founding member of the board of Arts Indiana, Theobald received the 1992 Governor's Award, Sagamore of the Wabash, from Indiana Governor, Evan Bayh.

::::;;As a Senior Member of the American Society of Appraisers (ASA) in Fine Arts, she is a member of the national appraisal faculty of the Smithsonian Summer Institute held at the George Washington University Graduate Center in Washington, D.C. As a Senior Member of American Association of Appraisers, she has received appraisal designation in Modern Paintings and Drawings, Latin American Art, American Art and Ethnographic Art including American Indian and Western Art. Publications and catalogs include Latin American Visions I and II, Sculpture in the Space Age, Art America and the article, "The Regional American Art Market" in the quarterly journal of the American Society of Appraisers. Professional Memberships include the Art Institute of Chicago, Indianapolis Museum of Art, The Metropolitan Museum of Art, Portland Museum of Art (Maine), Museum of Modern Art of Latin America and the National Arts Club, New York City, New York.

Sharon Smith Theobald ASA Selected Appraisal Summary

  1. The Akeley Collection of German Expressionist Art, Japanese Wood Block Prints and Latin American Paintings, Prints and Drawings.150 works valued for fair market value for charitable gift and donation purposes to the University of Chicago, Purdue University, Museums and the heirs. VRS placed the works acquired by the heirs in the art market to realize value.
  2. Collection of Contemporary American and Japanese Fine Art. Appraisal for fair market value for donation to Museums and heirs for tax purposes, including paintings by Roger Brown, Jean Dubuffet, sculpture by Deborah Butterfield,drawings by Christo,and works of art on paper by Jasper Johns and Roy Lichtenstein.
  3. National Corporate Collection of Contemporary American and Western Art (80 paintings and bronze sculptures) Valued for insurance replacement purposes.
  4. Private collection of Paul Manship Sculpture and a Max Pecstein painting. Fair Market Value appraisals for estate tax purposes.
  5. Appraisal of a Diego Rivera painting for insurance purposes,later for fair market value and responsible for VRS market placement to realize the highest value.
  6. Appraisal of a Private Collection for gift and tax purposes including a sculpture by Isamu Noguchi and Alexander Archipenko, a watercolor and gouache by Marc Chagall, a painting by John Piper and a painting by Gene Davis.
  7. Appraisal of Corporate Collection including 15 paintings by Leroy Neiman , a painting by Severin Rosen and works of art on paper by Mary Cassatt and James Mc Neill Whistler.
  8. Fair Market Appraisal of a corporate collection of American paintings for tax purposes.
  9. Fair Market Value Appraisal of two African works, Senufo Chief's Door and a Choweke Mask, for VRSmarket placement.
  10. Fair Market Value for a major collection of Native American Indian Pottery, Blankets, Baskets, Ledger Book and Beaded and quilled objects for Gift and VRS market purposes.
  11. Appraisal of a corporate collection of ten corten steel, aluminum and bronze sculptures by American artists including George Rickey, Richard Stankiewicz and Bill Barrett.

Back to AAI Home Page :::::: List of Appraisal Clients :::::: Value Realization Service

For more information:
e-mail: Appraisal Associates International
Phone: 765 463-1270

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