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Insuring and Valuation Updates in more Dynamic Markets

ValuePros Appraisal Services

By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. 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.

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What Are the Different Types of Jewelry Appraisals

Buckhead Jewelry Appraisers

Whether it's a family heirloom passed down through generations or a recent acquisition, knowing it's worth not only provides peace of mind but also serves practical purposes such as insurance coverage, resale considerations, and estate planning. It considers factors such as demand, condition, and comparable sales.

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Downsizing Made Easy: How to Find an Estate Liquidator

Sarasota Antique Buyers

Insurance Coverage Ensure the estate liquidator you hire has adequate insurance coverage to protect you and yourself from accidents, damages, or theft during the estate sale or auction. Timing is vital because if an estate sale lasts several days, you don’t want it to be cut short, resulting in a loss of potential profits.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

GL-1, an appraiser is “one who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective.” Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy.

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ASA Newsroom - Gems & Jewelry - Untitled Article

ASA Newsroom - Gems & Jewelry

ASA International Conference is the leading event for the global valuation profession. He has over 30 years of experience in valuation, ethics, diversity, equity, and inclusion. He regularly helps clients with business formation, acquisitions, and sales. He has written 12 books and over 50 articles.

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How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

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. Typically, this involves analysis of comparable sales in the appropriate market. Market value determination.

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What Documentation Do I Need for a Jewelry Appraisal

Buckhead Jewelry Appraisers

Insurance Purposes: Insurance companies often require detailed documentation for jewelry appraisals to determine coverage amounts and premiums accurately. One of the primary purposes of a written jewelry appraisal is to facilitate insurance coverage. This includes information about the materials used (e.g.,