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Whether you’re looking to sell, insure, or simply understand the worth of your collectible, an accurate appraisal is essential. However, finding a reliable appraiser can be challenging. Below, we outline several effective methods to locate reputable antique appraisers in your area: 1.
An elderly man, after a lifetime of collecting, realizes it may be time to downsize a bit. He has more in his collection than he can possibly give to his children, so he has to think of other options. This is one instance where a profesional appraiser can help. Read on for more about how appraisals can help.
So you’ve just inherited your grandmother’s vintage diamond ring, only to find out it’s not covered by your insurance policy because its value wasn’t properly appraised. More often than not, most of them realized the importance of jewelry appraisals later on. What do Jewelry Appraisers Do?
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. Hiring an accredited and knowledgeable appraiser is the most important step in any appraisal.
Expanding Art Appraisal Services to Bend, Oregon Art Appraisal Resources is excited to announce the opening of our new office in Bend, Oregon. Our new office aims to support this flourishing arts ecosystem by offering professional, certified appraisal services right in the heart of Bend.
Navigating the Art World: A Guide to Finding the Right Art Appraiser Navigating the Art World: A Guide to Finding the Right Art Appraiser The art business is a robust and multi-faceted industry, generating hundreds of billions of dollars for the economy. Entrusting this task to a qualified art appraiser is essential.
In this post we explore fine art valuation and appraisal, how an appraisal is conducted and the different types of art appraisals. How a Fine Art Appraisal is Conducted A fine art appraisal conducted by a certified appraiser starts with a thorough inspection of the artwork.
Maybe you inherited a collection of bracelets from a relative, or you found a few second-hand watches and don’t have the history of what you’ve bought. How much should you insure them for? If you’re not a jewelry expert yourself, you need to get a professional appraisal to put a dollar figure on your most treasured pieces.
There are a few reasons why getting your jewelry appraised is important. Aside from proving ownership, the main reason is often for insurance purposes to secure investment. You want to make sure you’re updated on the current value of your collections. It’s important to inform your insurer whenever you obtain new appraisals.
Recently I wrote an article for Worthwhile Magazine™ titled “A Consumer’s Guide to InsuranceAppraisal Reports: Do You Need One and How to Get One?” In my own appraisal firm, I answer many questions from potential clients who are unsure if they need an insuranceappraisal report or what the process is to get one.
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.
These are examples of the questions that appraisers are faced with just about every day. Many people may be surprised that your average appraiser may or may not be able to tell you "what it's worth" on the spot. The appraiser must answer all of these questions. Can you tell me what it's worth? Identification.
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.
Most Fine Art Insurance professionals will agree that the best way to ensure that an insured loss is settled quickly and fairly is by properly documenting your art collection. Available Cloud-Based Collections Programs: There are many cloud-based programs that will catalogue collection images and data.
While this quote often captures the inexplicable nature of human desire, it also resonates with the motivations behind collecting. Whether its choosing a potential mate or pursuing a coveted object, the pull of desire remains the same when it comes to collecting. Formal USPAP-compliant appraisals are essential in these cases.
Can you get an appraisal for just one or two items? Are there different kinds of appraisals? Do you appraise single items or only large collections? Whether you’ve got a one or two pieces or a whole collection, it starts with a call or email. What about my jeweler’s appraisal? What doesn’t need an appraisal?
If you don’t have up-to-date appraisals for your heirlooms, silver, gemstones, watches, or other valuable pieces, this is the time to take action—just contact me at (617) 304-0174 or at aimee@ambappraisal.com. Make it easy to wear your treasures with the peace of mind that an appraisal and insurance can give you.
I’m very pleased to introduce Worthwhile Magazine™ , an online magazine about appraising and the art and antique fields that I co-founded last year with my friend and fellow appraisal colleague Courtney Ahlstrom Christy, ISA CAPP, of Ahlstrom Appraisals in the Atlanta, Georgia region.
It’s crucial to have an accurate understanding of their replacement cost, especially when it comes to insurance purposes. In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes. Market fluctuations and rarity can have a big impact on antiques and collectibles.
Desantis Should You Consider Insurance? Surprisingly, many collectors of “passion assets” don’t think to protect these valuables with insurance. Often the misconception is that only blue-chip collections worth millions of dollars require this kind of specialized protection. What happens when a piece is damaged while being moved?
In this blog post, we explore the crucial role of insuranceappraisals in safeguarding your art collection, providing insights into why this process is indispensable for every art enthusiast and collector. Regular insuranceappraisals guarantee that your coverage accurately reflects the current market value of your artworks.
Whether you're insuring valuables, managing an estate, or planning for a sale, having an accredited personal property appraisal provides clarity, security, and peace of mind. Credentialed appraisers are trained and tested by reputable organizations, ensuring that they can provide accurate, defensible valuations.
A client recently called us to update an insuranceappraisal for original Andy Warhol prints. A previous appraisal from two years ago was available, however, the insurance company insisted on a new appraisal. You might wonder why insurance companies, such as Pure Insurance ( [link] ) or Huntington T.
As partners of the Appraisal Foundation, we adhere to Personal Property Appraiser Qualification Criteria. Qualifying appraisal experience consists of tasks associated with the accomplishment of personal property assignments which result in a USPAP compliant report. As appraisers, we are market researchers.
Whether you’re wanting to protect the value of an artwork or in the process of estate planning, an insuranceappraisal can help you in both situations. Too often people look into insurance after some sort of damage has occurred, but the best time to have an appraisal is before an incident.
Photo courtesy of Architectural Digest Protecting Your Art Collection from Extreme Weather Events Art collections, whether personal or institutional, represent cultural, historical, and financial investments that require careful protection. Pumpkin by Yayoi Kusama moments before being swept into the sea.
Antique appraisals are a crucial step in understanding the true value of the item in the marketplace. A skilled appraiser carefully studies the history, authenticity, and condition of each item to determine their worth. Unfortunately, finding skilled antique appraisers near you can be a challenge. Examination.
You've got some antiques you inherited from your aunt, a small but growing collection of vintage Star Wars toys, and that mysterious oil portrait of two little kids that you picked up at a second-hand store a few years back. Do you need an appraisal? In fact, appraisals are optional for any items valued at less than $5,000.
Understanding Jewelry Appraisal Jewelry holds a special place in our hearts, often symbolizing cherished memories, milestones, and sentiments. Whether you're curious about the value of your collection, planning for insurance coverage, or considering selling pieces, understanding how to appraise jewelry is essential.
As an accredited art appraiser, I’ve seen firsthand how valuable a professional appraisal can be for art collectors, whether you’re planning to sell a piece, insure your collection, or just curious about its worth. Proper preparation can make all the difference in ensuring a smooth and accurate appraisal process.
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. That’s simply not true.
Written by Kirsten Rabe Smolensky, JD, ISA CAPP As an appraiser, I have worked on a lot of insurance claims , including losses due to fire, theft, transit damage, and flood. The number one mistake most insureds make is not being prepared in advance. The insurance company requests an inventory of EVERYTHING inside.
Understanding the concept of personal property estate appraisal is vital for anyone dealing with assets, whether it's for buying, selling, or planning an estate. An appraisal, in simple terms, refers to the process of determining the value of a particular item or property. But why is understanding this important?
By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. Insurers are keenly aware of this phenomenon and therefore, require regular valuations updates, typically, every 2-3 years. Wine Collections Due to its organic nature, wine can deteriorate and turn sour.
Jewelry appraisal is a specialized field, and an expert appraiser can provide you with a comprehensive assessment of your jewelry’s worth. In this blog post, we’ll discuss the top reasons why it’s important to have your jewelry appraised, and why you shouldn’t wait. What exactly is Fair Market Value?
You know you need an appraisal, but what kind of appraisal? The quick answer is that the kind of appraisal you need depends on your intention. Do you need to have a collectionappraised for insurance? Likewise, it cannot be used for insurance purposes. What are the options? Do you want to liquidate?
Some of the most common questions advisors hear from clients about their fine art and collectibles are, “Does my homeowner’s insurance provide coverage for my artwork? A typical homeowner’s insurance policy affords you a little bit of coverage. Do I need a special rider?” And when we say a little, we mean extraordinarily little.
Whether you have inherited or collected antiques over the years, you need to understand some essential terms such as antique evaluation, appraisal, and liquidation. An in-person evaluation involves a professional appraiser examining the antique’s physical condition, rarity, age, and provenance to determine its value.
The speakers were representatives of various businesses who offer services targeted for this class of clientele and who coordinate getting their appraisal needs met. Western history is a deep passion of his and he began to collect in the area as far back as his college days at the University of Texas in Austin.
Antique appraisers in San Diego are professionals who specialize in assessing the value of vintage items and collectibles. Appraisers evaluate these items based on various factors such as rarity, condition, age, and historical significance. They also consider the current market conditions for the type of item being appraised.
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Earlier, we posted Part one of this blog with the first six questions to ask when choosing an appraiser. As explained in Part I, there are many reasons you might need an appraisal of personal property. There is no national licensure requirement for personal property appraisers. Appraisal of an entire estate? No problem.
Art appraisal is an intricate field often shrouded in misconceptions that can lead collectors and enthusiasts astray. In this blog post, we aim to debunk common myths surrounding art appraisal, shedding light on the realities of this crucial aspect of the art world. Periodic re-appraisals ensure valuations stay current and accurate.
When it comes to assessing the value of your artwork, a professional art appraisal can be an invaluable tool. Whether you’re considering selling a piece, insuring your collection, or simply curious about its worth, proper preparation ensures a smooth and accurate appraisal process.
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