Remove Bankruptcy Remove Insurance Remove Market Value
article thumbnail

Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

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.

article thumbnail

9 Reasons Why Should You Hire an ISA Personal Property Appraiser

International Society of Appraisers

There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets. Buying or Selling: Whether buying or selling valuable items, determining their accurate market value is important.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy. Appraisal methodology is determined with the purpose of the appraisal, different appraisal purposes will have different types of values.

article thumbnail

What Kind of Appraisal?

Drishti LLC Appraisers

Do you want to know the value simply out of curiosity? Do you need to have a collection appraised for insurance? CURIOSITY If you are simply curious about the value of an artwork or collection, a restricted appraisal will help you. Likewise, it cannot be used for insurance purposes. Do you want to liquidate?

article thumbnail

How to Appraise Your Jewelry: A Comprehensive Guide

La Jolla Gem Appraisal

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. It's crucial for insurance scheduling, ensuring adequate coverage in case of loss or damage.

article thumbnail

Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

That’s because determining the value of jewelry is not as simple as assigning one number to one piece. The purpose of the appraisal plays a critical role in defining the type of value assigned to the jewelry. Each type of value serves a specific need, and understanding these distinctions is essential for making informed decisions.

article thumbnail

How to Know When You Need an Appraisal

JSK Fine Art Appraisals

As an appraiser, my role is to provide an unbiased, well-researched valuation tailored to your specific needs, whether for insurance, estate planning, donation, or sale. Many insurance companies require a professional valuation to determine an appropriate coverage amount.