International Society of Appraisers

MARCH 14, 2025

Talk to your client to identify the scope of work. Assignment conditions are defined in USPAP as: Assumptions, extraordinary assumptions, hypothetical conditions, laws and regulations, jurisdictional exceptions, and other conditions that affect the scope of work. In damage loss claims these can often be broad.

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Artifactual History Appraisal

SEPTEMBER 17, 2019

All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation.

Retail Replacement Value 130

Retail Replacement Value Appraiser/appraisal Appraisal Reports Market Value 130

ASA Newsroom - Gems & Jewelry

MAY 1, 2024

The approach to problem identification may be the same in the context of an appraisal for charitable gift or estate tax; however, in an insurance context, appraisers are often faced with specific challenges such as evaluating a property that has already been damaged or stolen. In these situations, hypothetical conditions may be necessary.

Appraiser/appraisal 40

Appraiser/appraisal Insurance Policy Insurance Coverage 40

WCG

MAY 21, 2024

Conducts or coordinates research into the collections, including identification authentication, appraisal, history and provenance of objects and documents. Develops scopes of work for appraisal, cataloging, and other documentation activities. Produces written products and images for social media posts for FMA.

Collectibles 52

Collectibles Appraiser/appraisal Material Research 52

Fine Art Estates

JANUARY 7, 2022

A past appraisal is interesting and provides some preliminary identification information. The cover letter should explain whether the market has gone up or down for the artist(s) being appraised since the object was first obtained as well as explaining the scope of work utilized within the assignment.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130

WCG

MARCH 20, 2024

Oversees the work of contract conservation work, both on and off site. Prepares “Requests for Proposals” (RFPs), identifies qualified bidders, develops scopes of work, and reviews contract conservation proposals.

Material 52

Material Identification Research Scope of Work 52