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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

A current appraisal will help ensure that your insurance coverage is appropriate, and that you’re not paying high premiums for something that has actually depreciated in value over time. This can give you an idea of the appraiser’s level of professionalism and the quality of their work.

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How Do I Get My Art Appraised?

Fine Art Estates

For instance: Replacement Cost Value is used when a collector needs an appraisal for insurance coverage. Fair Market Value is used when a collector is settling an estate, needing equitable distribution, or making a charitable donation. The quality of the repair absolutely needs to be taken into consideration.

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ASA Newsroom - Gems & Jewelry - Untitled Article

ASA Newsroom - Gems & Jewelry

This expertise is crucial for conducting appraisals for purposes such as estate planning, insurance coverage, and charitable donations, positioning her as an invaluable resource for clients dealing with the intricacies of downsizing and estate management.

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Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

Why It Matters: Retail replacement value is essential when securing insurance coverage. It guarantees that if something happens to your piece, you can replace it with one of comparable quality and design, providing peace of mind. When to Use: Estate planning Divorce settlements IRS-related charitable donations 3.