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GL-1, an appraiser is “one who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective.” Reasons of valuations for tangible property can include estate and probate purposes, equitabledistribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy.
Provenance, the documented history of an artwork’s ownership, is a cornerstone of art appraisal that adds layers of significance to the valuation process. In this blog post, we delve into the crucial role of provenance and its impact on the appraisal of fine art.
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. Understanding an artwork’s value aids in insurance coverage, estate planning, and equitabledistribution. Periodic re-appraisals ensure valuations stay current and accurate.
In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes. It is also important that you have your appraisal updated regularly to make sure that your valuations accurately reflect any changes in the market or condition of the item.
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