Remove Coverage Remove Estate Tax Remove Market Value
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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums.

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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

While it might be possible to scour the auction market for years searching for an offering similar to the lost item and then obtain that item at a much lower price, this is not the function of insurance coverage. The next level is Fair Market Value. Source: Treasury Regulations Sections 1.170A-1 (c) (2)].

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A Question of Value: Reasons to Appraise Your Jewelry

Gemology Resources

Appraisals can be done for the purpose of insurance, estate planning, and protection, or simply to gain a better understanding of the market value of the item. The appraisal also provides an estimated replacement value for your jewelry, which is the value insurance companies use when providing you with coverage.

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How Do I Get My Art Appraised?

Fine Art Estates

They proposed to the IRS that this new organization, made up of many the most knowledgeable and respected art dealers around the country, could help to establish consistent standards for evaluating the fair market value of artworks. Please discuss how the values for the different types of appraisals may differ and why?