Collectibles Market Research Valuation 
Penrose Appraisals
MARCH 14, 2024
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. Market research. Of course, the market chosen will vary depending on the purpose of the appraisal.
Penrose Appraisals
SEPTEMBER 27, 2022
An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions. This is especially so when the underlying valuation is based solely on the taxpayer's assertion. Hiring him or her to do the work likely makes a lot of sense. Avoiding bias. Peace of mind.
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