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Passion Assets: A True Love of Collecting

Art Peritus

While this quote often captures the inexplicable nature of human desire, it also resonates with the motivations behind collecting. Whether its choosing a potential mate or pursuing a coveted object, the pull of desire remains the same when it comes to collecting. This makes it critical to secure proper coverage.

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The Art of Appraisals: Understanding their Vital Role in Insurance

Art Appraisal Resources

In this post we explore art appraisals' critical role in the context of insurance. Understanding Art Appraisals An art appraisal is a professional evaluation of the monetary value, authenticity, and condition of an artwork. Appraisers evaluate the condition of the artwork, any damage or restoration work can impact its value.

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The Role of Jewelry Appraisers in Insurance Valuation

Buckhead Jewelry Appraisers

So you’ve just inherited your grandmother’s vintage diamond ring, only to find out it’s not covered by your insurance policy because its value wasn’t properly appraised. It’s based on the cost of repairing or replacing the jewelry in its pre-loss condition, taking into account factors like wear and tear and changes in market value.

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Office Hours Information from March 2025

International Society of Appraisers

There are different marketplaces depending on many factors, including: urgency to sell, quantity, condition of the property, and the quality of the items. A collection of unbranded jewelry that has no celebrity provenance may sell at a local or regional auction house. The marketplace will depend on the type of property being appraised.

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How Often Should I Update My Jewelry Appraisals and Why

Buckhead Jewelry Appraisers

You want to make sure you’re updated on the current value of your collections. Description of jewelry Material composition Gemstone details Design characteristics Condition assessment Hallmarks or maker’s marks Any unique features or markings 2. Collect relevant documentation about your valuables. Photographs of jewelry 3.

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Insurance: Protecting Your Collection

Art Peritus

Surprisingly, many collectors of “passion assets” don’t think to protect these valuables with insurance. Often the misconception is that only blue-chip collections worth millions of dollars require this kind of specialized protection. This is especially true when one considers how remarkably specialized these policies can be.

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Fine Art Insurance 101

Fine Art Estates

Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy. I was wrong.

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