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Why Accurate Appraisals Matter in the New Year

Penrose Appraisals

The IRS requires appraisals done by a "qualified appraiser" for items worth $5,000 or more. Below that number, you can do the valuation yourself, but may have greater peace of mind if you hire an appraiser. Appraisals can help ensure adequate insurance coverage.

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How Certification Helps Maintain Professional Standards

Antiques Dealer

Antique appraisers are important in valuing antiques, art, and other collectibles. However, not all appraisers are equal, and the quality of their work can vary widely. Ensuring accuracy Certified appraisers have demonstrated their knowledge and skills in appraising antiques and collectibles.