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The Art of Appraisals: Understanding their Vital Role in Insurance

Art Appraisal Resources

Whether you're a collector, an art enthusiast, or an artist, knowing the worth of your artworks is crucial. In this post we explore art appraisals' critical role in the context of insurance. Understanding Art Appraisals An art appraisal is a professional evaluation of the monetary value, authenticity, and condition of an artwork.

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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

The appraisal often serves as an important document which details important aspects of the items condition, medium and provenance, as well as exhibition history if known. Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage.

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Tips For Developing a Disaster Preparedness Plan

Artifactual History Appraisal

For larger items in the home that are too big to take, now is a good time to review your insurance coverage and make sure you are comfortable with your current level of protection. Would you need to have an appraisal report already on file, or could you obtain one after the fact?

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How Do I Get My Art Appraised?

Fine Art Estates

This means that when your insurance agent suggests that you have the $4,000 painting you have listed on your personal inland marine policy appraised, to see if the value has gone up, they have not done you a favor. That is, unless you happen to know that a similar work by that artist has just sold for $25,000 at auction.

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Decoding Jewelry Appraisals: A Comprehensive Guide

John Thomas Jewelers

Jewelry appraisals protect your valuable pieces in the event of damage, loss, or theft. Without a proper evaluation of your jewelry’s worth, you can’t get insurance coverage for it. Knowing you need estimated values and understanding the appraiser’s report once it’s available are two different things.

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Choosing an Appraiser—Essential Questions to Ask: Part I

Art Advisor's Blog

There are many reasons you might need an appraisal of personal property. Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. Your client with the large estate has just died and her personal property must be appraised.