Coverage Insurance Policy Sale 
Artifactual History Appraisal
SEPTEMBER 17, 2019
An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. The next level is Fair Market Value.
Art Appraisal Resources
JULY 13, 2023
Understanding the artwork's potential worth allows you to make informed decisions regarding its conservation, insurance, sale, or donation. Insurance Purposes: Artwork can be a valuable asset, and it is essential to ensure that it is adequately insured.
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Penrose Appraisals
DECEMBER 27, 2022
There may be many fond memories associated with examples that were gifted, purchased while traveling, or found hidden away in a box at an estate sale. However, certain collectibles and antiques are not eligible for replacement cost coverage. And some policies simply exclude art and collectibles outright.
ValuePros Appraisal Services
MARCH 23, 2018
Conversely, a low auction sale can impact a genre and other works by the artist. Insurers are keenly aware of this phenomenon and therefore, require regular valuations updates, typically, every 2-3 years. Jewelry Jewelry is another category of personal property that is fraught with insurance issues.
ValuePros Appraisal Services
AUGUST 23, 2023
– It is typically used for insurance purposes to ensure adequate coverage. Fair Market Value is often determined by considering recent sales of similar items or consulting with experts in the field. – Ensuring that the insurance policy covers the cost of replacing items in case of loss or damage.
La Jolla Gem Appraisal
JUNE 24, 2023
It’s important to have a budget in mind and to be aware of any additional fees, such as buyer’s premiums, that may be added to the final sale price. Pawn Shops: While not typically the first choice for diamond purchases, some pawn shops may have diamonds and diamond jewelry for sale at discounted prices.
Art Peritus
SEPTEMBER 3, 2024
Some policies specifically cover transportation risks and will not only compensate for the loss in value, but often the substantial cost of restoring the piece is also covered. Since Homeowners and Renters policies typically have dollar limits, specialized policies for coverage of art, antiques, or luxury goods (like that new Birkin bag!)
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