Remove Authenticity Remove Insurance Remove Market Value
article thumbnail

The Art of Appraisals: Understanding their Vital Role in Insurance

Art Appraisal Resources

Because in the subjective world of art, establishing value is essential, especially when it comes to protecting your investments. In this post we explore art appraisals' critical role in the context of insurance. This process starts by determining the artwork’s value.

article thumbnail

How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Appraisals are crucial in the art market, providing essential information about artworks' value, authenticity, and condition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Office Hours Information from March 2025

International Society of Appraisers

Q: In a damage claim, what's the most common marketplace for determining the fair market value of diamond jewelry? Is it the orderly liquidation market, retail market, retail replacement market? The process for determining fair market value for a damage claim would be the same for any other intended use.

52
article thumbnail

The Role of Appraisals When You Sell Your Jewelry

Buckhead Jewelry Appraisers

The importance of professional appraisals cannot be overstated when you sell jewelry to determine its value for insurance and other purposes. More people who own jewelry are getting their jewelry appraised for consultation and legal purposes, and because of that, the global jewelry appraisal market is projected to grow by 2029.

article thumbnail

How to Know if Jewelry is Real: A Comprehensive Guide

Buckhead Jewelry Appraisers

The ability of jewelry to be authenticated, or when we say it is real jewelry, can substantially impact its value. Read on and traverse the intricacies of identifying authentic pieces and understanding the telltale characteristics of real and fake jewelry to make more informed purchasing decisions. For Gemstone Authenticity 1.

Jewelry 130
article thumbnail

The Importance of Contemporary Art Appraisals

Art Appraisal Resources

An appraisal performed by a certified art appraiser helps the purchaser gauge the artwork's fair market value and authenticity before finalizing the acquisition. Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage.

article thumbnail

What Are the Different Types of Jewelry Appraisals

Buckhead Jewelry Appraisers

Whether it's a family heirloom passed down through generations or a recent acquisition, knowing it's worth not only provides peace of mind but also serves practical purposes such as insurance coverage, resale considerations, and estate planning. This knowledge empowers you to protect and maximize the value of your precious jewelry assets.