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In gathering information to write this post, I was shocked to discover that anyone can legally present themselves as a personal property appraiser. There is no governmental license, proof of knowledge, or certification required to appraise personal property.
A Note from the Co-Editor: As an appraiser, I frequently invite new clients to send me pictures of their items so I can review them in advance and better assist with designing an appraisal scope of work that is most appropriate to their needs. There are some objects that are not well-suited for evaluating through photographs.
My latest article for Worthwhile Magazine™ tackles a tricky area of appraising: understanding the different levels of value. This is one of the most confusing elements of appraising that I spend a lot of time discussing with clients, so I wanted to cover the subject in an article that could reach and help a much broader audience.
If you have family sterling silver flatware and the space to take it in your car, this is a smart category of antique to bring with you as it also functions as a liquid asset. Would you need to have an appraisalreport already on file, or could you obtain one after the fact?
This can be related to monetary, or insurance replacement value, as well as educational, or functional value. Depending on the nature of the piece, and its value, you may also need a USPAP-compliant appraisalreport for insurance purposes. Second, think about the value of the piece within the institution.
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