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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. In this guide, we’ll discuss what jewelry appraisers do, types of jewelry valuation clauses, and how jewelry appraisers help ensure you get fair insurance claims.
Some of the most common questions advisors hear from clients about their fine art and collectibles are, “Does my homeowner’s insurance provide coverage for my artwork? A typical homeowner’s insurance policy affords you a little bit of coverage. Do I need a special rider?” And when we say a little, we mean extraordinarily little.
Photo courtesy of Architectural Digest Protecting Your Art Collection from Extreme Weather Events Art collections, whether personal or institutional, represent cultural, historical, and financial investments that require careful protection. Pumpkin by Yayoi Kusama moments before being swept into the sea.
Know Your Insurance PolicyYou may have severely. Continue Reading The post Is Your Art Collection Protected? appeared first on Veritas Art Appraisals & Consulting. Here are some tips to keep in mind when considering how to best safeguard your fine art.
Discussions include evolving practices and current scholarship used when valuing the various fields of collecting. The workshop included presentations by trust attorneys, insurance agents, curators of private collections, and family office managers.
As a personal property appraiser, my role encompasses tangible property including fine art, antiques, furniture, and collectibles. Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy.
Maybe you inherited a collection of bracelets from a relative, or you found a few second-hand watches and don’t have the history of what you’ve bought. How much should you insure them for? Ideally, your appraisal will result in a reliable price estimate for insurance, tax or resale value.
Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. B: Do you discuss this kind of art collection care with your clients? These types of valuations are not accepted.
If you have a collection of gold and silver coins you want to sell; you want to ensure you get the best price possible. They offer competitive prices and fast shipping, but you must pay for the shipping and insurance costs yourself. However, selling coins can be tricky, as many factors can affect their value and demand.
Despite preventative conservation and environmental controls, museum collections are subject to agents of deterioration and on occasion, require professional treatment or repair. In the absence of in-house conservation staff, collections managers, registrars, and curators are left weighing the pros and cons of engaging with a specialist.
Whether you're insuring valuables, managing an estate, or planning for a sale, having an accredited personal property appraisal provides clarity, security, and peace of mind. Legal and Insurance Requirements In many cases, insurers and courts require an accredited appraisal to validate claims. Schedule a consultation today.
It’s advisable to consult with a gemologist to verify that the diamond you intend to buy matches the one in the certificate. Although trade shows provide a vast collection of diamonds at competitive prices, there are also potential drawbacks. Protect Your Investment After purchasing a diamond, it’s important to consider insuring it.
Does insurance cover jewelry repair? Insurance and security. Do they have adequate insurance to cover any damage or loss that may occur? These kinds of straightforward repairs don’t require extensive work or consultation with other repair experts to complete. Does insurance cover jewelry repair?
Kruml’s project management and domain knowledge will lead development of WorthPoint Indices and its growing Vault product (June 4, 2024) – WorthPoint , the world’s largest pricing source for valuing art, antiques, and collectibles, announced today that Alan Kruml has joined the company as Vice President of Fin-Tech Indices Products.
Determination and a Dream With a $3,000 loan from an insurance policy and a belief in the power of simply sharing a meal, Doris Christopher , a mother of two young daughters, founded Pampered Chef in her suburban Chicago home in 1980. .” and Canada, Germany, Austria, and France, with about 55,000 independent consultants.
If you were collecting early American weathervanes, you might pay more for a piece that was green - it is evidence of age and of use, which gives it that authenticity that can be so important. This doesn't mean that objects have to be in mint condition in order to bring the big bucks at auction.
Whether you need a quick valuation for possible re-sale of your items, or you are looking for a more in-depth assessment for insurance or estate planning purposes, discovering a professional nearby is crucial. Reasons to Seek and Antique Appraisal There are various reasons that someone might need or want an appraisal: Insurance coverage.
From passion assets to planned giving does estate planning affect the growth and development of a collection? The Art of Collecting A variety of factors drive collectors to collect. As collectors build their collections, they inevitably discover more about the items they are seeking, and their interests deepen and evolve.
From passion assets to planned giving does estate planning affect the growth and development of a collection? The Art of Collecting A variety of factors drive collectors to collect. As collectors build their collections, they inevitably discover more about the items they are seeking, and their interests deepen and evolve.
HOLISTIC WEALTH MANAGEMENT While most wealth managers can be proficient in helping clients invest in financial markets, it is recommended to work with a wealth advisor who includes real asset management, such as fine art or collectibles that appreciate in value over time.
Designing a place to store the parts of your collection that you do not currently have on display is not as difficult as it may sound. Built-In Storage in a Walk-In Closet To store a collection of framed small works on paper, we had shelves built into a walk-in closet located in an unused bedroom.
Whether you’re considering selling a piece, insuring your collection, or simply curious about its worth, proper preparation ensures a smooth and accurate appraisal process. Document Your Collection:** Start by creating a detailed inventory of your art collection. Here’s a guide to help you get ready: 1.
Art Peritus has been growing and evolving for close to twenty years based on the strength and quality of the appraisal, consulting, and art crisis management services we provide. As professional appraisers and consultants, we encounter the Golden Ratio in our work every day, so reflecting it in our new logo and branding made perfect sense.
Art Peritus has been growing and evolving for close to twenty years based on the strength and quality of the appraisal, consulting, and art crisis management services we provide. As professional appraisers and consultants, we encounter the Golden Ratio in our work every day, so reflecting it in our new logo and branding made perfect sense.
He typically works with fiduciaries, lawyers, museums and similar institutions with arms and armor collections, family offices, and owners of significant collections of weapons. I became an appraiser because I was frustrated that there were no independent appraisers appraising sports collectibles.
Antique appraisers in San Diego are professionals who specialize in assessing the value of vintage items and collectibles. This may involve comparing the item to similar items that have sold recently or consulting with other experts in the field. This report is typically used for insurance purposes.
Being able to see photographs emailed to me ahead of time by a client can reduce the client’s total project cost, alert me of the need to consult specialized reference books or outside experts, and help me assess whether the client even needs an appraisal report at all. Tell your clients to shoot everything with a ruler in the shot.
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.
Founded in 2007 by Jennifer Garland Ross, Art Peritus is an Art Appraisal, Advisory, and Collection Management firm serving clients worldwide, with offices in New York, Los Angeles, Florida, Colorado, and London. We are also well known for the damage and loss appraisal work we perform for insurance claims.
When you're planning to sell items from an estate, whether it's a collection of antiques, art, or other valuable belongings, knowing their true worth is crucial. Dealing with Money Stuff: Appraisals can also help with boring but important things like taxes and insurance. This is where personal property appraisers step in.
If your insurance provider has asked you to get your artwork professionally appraised, or you need it evaluated for some other reason, How Do I Get My Art Appraised will help you find a qualified appraiser, fully understand all aspects of the appraisal process, and prepare you for what a professional fine art appraisal is likely to cost.
As a consultant to the World Bank, he has established gemology schools in Madagascar and Tanzania. Gregory | ASA, CVA, Qualified Mediator with the MN Supreme Court | Founder | Michael Gregory Consulting, LLC Michael Gregory, ASA, CVA, is the founder of Michael Gregory Consulting, LLC.
He public art consultant. Gregory | ASA, CVA, Qualified Mediator with the MN Supreme Court | Founder | Michael Gregory Consulting, LLC Michael Gregory, ASA, CVA, is the founder of Michael Gregory Consulting, LLC. He is a highly sought after speaker, consultant, and conflict resolution expert.
Description The Architectural Conservator is a full-time, exempt-status position, working within the Department of Historic Preservation and Collections under the direct supervision of the Curator of Preservation Collections (“Preservation Curator”). Compensation Negotiations start at $50,000.
Joined by fine art specialist Reagan Upshaw, the discussion will highlight the importance of provable, USPAP-compliant market analyses that are clear to readersincluding the IRS, attorneys, and insurance adjustersand, more importantly, can withstand scrutiny in a court of law if necessary. MUSEUM EXHIBITIONS Lillie P. Like what you see?
Be sure to read this months blog for several tips on how to care for your beloved collection. This months blog dives into the real commitment behind collecting, exploring the time, effort, and care it takes to protect these treasures for future generations. Beyond the price tag lies a deeper responsibility: stewardship.
NEW FROM THE BLOG Safeguards for Extreme Weather Protecting your precious collection against extreme weather events requires a combination of preventive measures and emergency preparedness. Share Collection Brief with friends or colleagues that you feel may benefit from it. Interested in specific topics? Like what you see?
As an appraiser, my role is to provide an unbiased, well-researched valuation tailored to your specific needs, whether for insurance, estate planning, donation, or sale. Many insurance companies require a professional valuation to determine an appropriate coverage amount.
Whether youve inherited a piece you wont wear or are ready to part with something from your collection, getting the most value out of your jewelry sale requires more than just walking into the nearest gold buyer or listing it online. Get a Resale Appraisal for High-Value Items An insurance appraisal is not the same as a resale appraisal.
Collectors as Custodians: Preserving the Past In a world where trends shift rapidly, the value of certain antiques and collectibles isnt always what it once was. The Cycle of CollectingCollecting is cyclical. Regular Maintenance: Just as outdoor sculptures need periodic conservation, indoor collections also require care.
For example, the value used for insuring a diamond ring differs significantly from the value used to sell it or distribute it in an estate. This valuation is commonly used for insurance purposes and reflects the cost of purchasing a similar item from a retail jeweler, considering materials, craftsmanship, and retail markups.
Its vast collection of fine art, decorative art, and artifacts fills three buildings and spans centuries, including the finest examples from around the globe. Among the most notable pieces in its collection is the only painting by Leonardo da Vinci in all of the Americas. Interested in specific topics? Like what you see?
Some of her major priorities in her career have been outreach people based and value-based collections care. Connie works from a home-based studio and sees all clients for consultation with no charge. I started out: Things like health insurance were taken care of through my spouses work.
TK : Washington is well known as a museum city with the Smithsonian’s 21 museums here, but there are also numerous private museums, most notably the Phillips Collection and the Corcoran and Textile Museum, which are now part of George Washington University. Closer to home, what is working in DC like as an art lawyer?
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