Czudej McDonough





Established expertise.

Contemporary clarity.

Independent art appraisal of exceptional authority, tailored for the modern world.

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Czudej McDonough provides rigorous, independent valuations of fine art that meet the needs of 21st-Century clients.

USPAP-compliant appraisals, actionable in every context.

•    Insurance Scheduling

•    Loss of Value

•    Estate and Gift Tax

•    Donation

•    Collection Management

•    Collateral Lending

•    Litigation Support

•    Appraisal Review

•    Valuation Consulting

•    Appraisal Management

A trusted partner to private collectors, fiduciaries and public institutions.

•    Major Museums

•    Art Funds

•    Wealth Managers

•    Family Offices

•    Attorneys

•    Accountants

•    Insurers

•    Artists


Decades of experience. Expert intelligence.

Czudej McDonough combines meticulous, expert research with ongoing price data analysis, to provide actionable reports that reflect the true value of artworks in the market.

All of our appraisals comply with USPAP (Uniform Standards of Professional Appraisal Practice) and the Appraisers Association of America Code of Ethics.


Leading appraisers, globally.

Czudej McDonough was founded by two of the foremost art appraisers in the United States. With offices in New York and San Francisco, we serve clients nationwide and across the world.

We lecture internationally, are prominent members of the Appraisers Association, and regularly review third-party valuations through Art Valuation Audit.

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Common Questions.

Czudej McDonough

New York

Tobias Czudej
1 World Trade Centre, Suite 8500
New York, NY, 10007
+1 212 380 6357

San Francisco

Susan McDonough
133 17th Avenue
San Francisco, California 94121
+1 415 309 7521

Czudej McDonough
delivers USPAP-
compliant appraisals
for a wide range of

Insurance scheduling,
loss of value,
estate and gift tax,
collection management,
collateral lending,
and litigation support.

With offices in
New York and
San Francisco.

Get in Touch.

Tobias Czudej AAA
Partner, New York

Contact CV

Susan McDonough AAA
Partner, San Francisco

Contact CV

Tobias Czudej AAA
Partner, New York

Tobias Czudej combines top-level experience in the blue-chip art market with an internationally-recognized practice as a cutting-edge curator. As a certified member of the Appraisers Association of America (AAA) he is uniquely positioned to appraise all levels of Post-War and Contemporary art. He began his career at Gagosian Gallery, moving on to run the London Soho location for Pace. During this time, he worked with artists and estates including Cy Twombly, Mike Kelley, Robert Rauschenberg, Mark Rothko and Claes Oldenburg.

As a curator, his exhibitions at institutions and commercial galleries worldwide have featured in Art Forum, The Guardian, The Wall Street Journal and The Sunday Times, among others. Czudej holds a BA in Fine Art from Oxford Brookes University, Oxford, UK. He regularly speaks on art and the art market, most recently at Yale University, New Haven, USA; Deloitte , Switzerland and Oxford Brookes University, UK.

He sits on the membership committee of the Appraisers Association of America and is a mentor to graduates of the Comprehensive Appraisal Skills Programme (CASP).

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Susan McDonough AAA
Partner, San Francisco

Susan McDonough, AAA is a certified member of the Appraisers Association of America (AAA), admitted in the categories of Postwar, Contemporary & Emerging Art, Impressionist & Modern Art, American Art, Photography, and Prints. She has extensive experience appraising artwork for insurance, tax, and litigation purposes at the highest level of the art market.

Susan is a past member of the Board of Directors (2014–2021) of the Appraisers Association of America and currently teaches in the Association’s Comprehensive Appraisal Studies Program (CASP). She is a recognized expert on art appraisal methodology and lectures regularly on the subject.

A graduate of Columbia University, New York, Susan has a B.A. in Art History and Latin American studies. She began her professional career at New York’s CDS Gallery and The Americas Society, working on the landmark survey exhibition “Latin American Art of the Twentieth Century” sponsored by the Museum of Modern Art. She subsequently worked at William Doyle, New York; Hackett-Freedman, San Francisco; and Montgomery Gallery, San Francisco.

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