Remove Age Remove Equitable Distribution Remove Valuation
article thumbnail

What Does An Appraiser Do, Anyway?

Penrose Appraisals

In fact, some signs of age are a good thing - think of the nice green color that oxidized copper turns when it gets old. If you were collecting early American weathervanes, you might pay more for a piece that was green - it is evidence of age and of use, which gives it that authenticity that can be so important. Intangibles.

article thumbnail

What Documentation Do I Need for a Jewelry Appraisal

Buckhead Jewelry Appraisers

When creating a will or trust, it's crucial to have an accurate assessment of the value of jewelry assets to ensure equitable distribution among heirs. The documentation serves as a roadmap, guiding them through the intricate details and nuances of each piece, ultimately leading to a precise valuation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation. The next level down of value is Actual Cash Value.

article thumbnail

How to Prepare Your Parents' Estate

Penrose Appraisals

This can be especially helpful if there is a desire to ensure the equitable distribution of items to heirs. An appraiser can be consulted to provide valuations for items in the inventory, thus ensuring that the valuations are determined by a neutral party.

article thumbnail

How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

Whether you need a quick valuation for possible re-sale of your items, or you are looking for a more in-depth assessment for insurance or estate planning purposes, discovering a professional nearby is crucial. An appraisal can help in the equitable distribution of assets among heirs. Examination. Market value determination.

article thumbnail

Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

In other words, age alone does not necessarily translate into value. In other words, age alone does not necessarily translate into value. It is also important that you have your appraisal updated regularly to make sure that your valuations accurately reflect any changes in the market or condition of the item.