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This comprehensive guide provides invaluable insights into estate jewelry appraisal, buyer identification, and strategies for maximizing profitability. Auctionhouses: High-end estate jewelry can be sold at Christie’s and Sotheby’s auctionhouses.
To research past prices, Larson recommends searching for auctionhouse sales results , as well as information from subscription-only sites like American Book Prices Current and Rare Book Hub. “These are the places where collectors should do their due diligence as far as vetting the place and asking the right questions,” he says.
All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation. That $400 is called the hammer price, referencing the tradition of the wooden gavel.
Check out post on 6 questions to ask an appraiser before hiring their services In order to sell your jewelry, the first thing you will need is an appraisal report that ensures the quality of the items and entails regarding the items identification. Where to sell jewelry A popular avenue for selling pre-owned jewelry is through auctionhouses.
high end, branded, celebrity provenance) is going to sell at a high-end international auctionhouse like Christie’s. A collection of unbranded jewelry that has no celebrity provenance may sell at a local or regional auctionhouse. Descriptions/Identification (authentic, age, provenance, dimensions, etc.)
When I was in the supermarket business, we all recognized the importance of brand identification. Among the many challenges, figuring out how to compete with the auctionhouses and art fairs will require learning how to effectively use the Internet as a selling vehicle as well as for publicity and informational purposes.
If you did not acquire the artwork through a gallery and cannot find similar works online, you may need to take the work, or send photo’s, to an auctionhouse and tell them you are interested in selling the work. They gather information from over 979 auctionhouses from around the world.
In June 2019, a large auctionhouse sold an inscribed first edition copy of Charles Darwin’s On the Origin of the Species for $500,075 – more than double its expected selling price. They are the chameleons of the art world, blending into the background of our daily lives.
Item Identification: Each item is identified and described in detail. They may look at recent sales data from online markets, estate sales, auctionhouses, and other sources. This ensures efficiency and accuracy. This includes noting any unique characteristics, conditions, and provenance.
WorthPoint empowers users to buy and sell confidently by providing a comprehensive suite of tools that simplify the research, identification, and pricing of art, antiques, and collectibles.
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