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On the other hand, if the appraisal is for equitabledistribution, as in the case of a divorce, then the appraiser will be looking for fair market value and this is most typically determined by looking at recent auction results. Appraisers are not simply walking around with valuations in their head.
If you prefer in-person assessments, and are located in the greater Northwest Pennsylvania area (Cleveland to Erie to Buffalo and down to Pittsburgh), Penrose Appraisals can also provide tailored appraisal services, especially for significant occasions like insurance, charitable donations, or equitabledistribution. Estate settlement.
Legal Matters and Divorce Settlements In cases of divorce, bankruptcy, or disputes, an independent appraisal can be necessary for legal proceedings to determine an artworks value for equitabledistribution or financial settlements. If authentication is required, consulting a specialist or an authentication committee may be necessary.
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