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Reason for appraisal updates

James Farrow Company Jewelry Appraisers

I want to address the issue of why many consumers really need an updated jewelry appraisal. If the couple had spent 30 – 45 minutes and around $100 on a new appraisal every five years, their insurance coverage would have increased enough to make this situation a mere inconvenience and not the major issue it has become.

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How Do I Get My Art Appraised?

Fine Art Estates

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.

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Comparison between Jewelry Appraisal Value and Selling Price: Understanding the Distinctions

Buckhead Jewelry Appraisers

To be in control of the selling process, you should know the difference between a jewelry appraisal value and the selling price of jewelry. Conversely, an accurate jewelry appraisal value is necessary for the right insurance coverage. Conversely, an accurate jewelry appraisal value is necessary for the right insurance coverage.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

Image courtesy of Anubis Appraisal and Estate Services Inc. What is an Appraiser? As defined in The International Society of Appraisers, Core Course in Appraisal Studies 2021 pg. The role of the appraiser is to develop an opinion of value for a specific purpose.

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Why do you need to have extra insurance coverage for fine art & jewelry?

International Society of Appraisers

” Specifically, many people may not realize that traditional homeowners insurance policies typically have coverage limits that may not be sufficient to adequately protect high-valued property such as fine art, jewelry, or luxury items. That is a key reason to reach out to an ISA personal property appraiser.

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Replacement Value Appraisal vs. Fair Market Value Appraisal: Understanding the Difference

ValuePros Appraisal Services

When it comes to assessing the value of personal property, two commonly used methods are the Replacement Value Appraisal and the Fair Market Value Appraisal. In this blog post, we will explore the distinctions between these two appraisal methods, helping you understand when and why each one is used.

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Passion Assets: A True Love of Collecting

Art Peritus

Formal USPAP-compliant appraisals are essential in these cases. For example, appraisals for Fair Market Value or Marketable Cash Value guide lenders in structuring asset-backed collateral loans. This makes it critical to secure proper coverage.