Remove Blog Remove Collateral Remove Coverage
article thumbnail

Passion Assets: A True Love of Collecting

Art Peritus

Like conventional assets such as real estate, stocks, and bonds, passion assets can also serve as collateral for loans, provided their value exceeds the debt plus interest. For example, appraisals for Fair Market Value or Marketable Cash Value guide lenders in structuring asset-backed collateral loans.

article thumbnail

Lost Fine Art: The White Duck by Jean-Baptiste Oudry

ValuePros Appraisal Services

Instead, stolen paintings are often used as collateral for drug deals or used to raise fraudulent loans from banks. FINE ART APPRAISERS Our staff of experts certify the value of hundreds of pieces of fine art every month.

article thumbnail

“Appraising in the World of the High-Net-Worth Client”

Art Advisor's Blog

Greg Morse ( Worthington National Bank ) Greg Morse of Worthington National Bank spoke to the group about banks that loan money using art collections as collateral. While most homeowners carry insurance on their homes that includes a small percentage of coverage for personal property, HNWIs may need to add Private Collections Insurance.