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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.” As a personal property appraiser, my role encompasses tangible property including fine art, antiques, furniture, and collectibles. After the inspection starts the valuation process.
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. Appraisers are not simply walking around with valuations in their head.
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. An appraisal can help in the equitabledistribution of assets among heirs. Examination. Market value determination.
Appraisals are essential for artworks of all values, including family heirlooms, sentimental pieces, and collections of varying worth. Understanding an artwork’s value aids in insurance coverage, estate planning, and equitabledistribution. Periodic re-appraisals ensure valuations stay current and accurate.
Collecting trends and changes in taste have had a major impact on everything from antique furniture to folk art. Market fluctuations and rarity can have a big impact on antiques and collectibles. Condition issues, wear and tear, damage and environmental factors can also affect collectability and value.
You've got some antiques you inherited from your aunt, a small but growing collection of vintage Star Wars toys, and that mysterious oil portrait of two little kids that you picked up at a second-hand store a few years back. Equitabledistribution. Do you need an appraisal? Well, NEED is such a strong word.
This guide will help you determine if your artwork needs a professional valuation and why it matters. 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. What Is an Art Appraisal?
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