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Without those other two data points of 1) market level and 2) point in time (which is commonly referred to as the “effective date,” meaning the date the appraised value is effective for), any number that is thrown around as a value is essentially meaningless. The next level down of value is Actual Cash Value.
Being able to see photographs emailed to me ahead of time by a client can reduce the client’s total project cost, alert me of the need to consult specialized reference books or outside experts, and help me assess whether the client even needs an appraisalreport at all. Provenance Paint?
This can be related to monetary, or insurance replacement value, as well as educational, or functional value. Condition reporting pieces before and after conservation is important data to add to your catalog. Does the repair require specialized tools or materials that you either have on-hand or are easily obtained?
Fortunately, there are several property appraisal organizations that set standards and self-police their membership to be sure that each member is qualified to properly appraise their field of expertise. And if the artwork has, they may even be willing to write you an updated insurance evaluation for free.
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. If your house burns down/floods/is destroyed by a tornado, what financial compensation would you receive from your insurance company?
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