Collateral Coverage Rarity 
Art Appraisal Resources
AUGUST 3, 2023
Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage. Insurance companies typically ask for a current appraisal to determine the appropriate coverage and ensure adequate compensation in the case of loss or damage.
Art Peritus
JANUARY 31, 2025
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.
Expert insights. Personalized for you.
130 
Let's personalize your content