Art Appraisal Resources
AUGUST 29, 2023
Determining Insurance Coverage Art appraisals play a crucial role in establishing the appropriate insurance coverage for your valuable artworks by determining their accurate and up-to-date market value. This process starts by determining the artwork’s value.
ValuePros Appraisal Services
AUGUST 23, 2023
When it comes to assessing the value of personal property, two commonly used methods are the Replacement Value Appraisal and the Fair Market Value Appraisal. Fair Market Value is often determined by considering recent sales of similar items or consulting with experts in the field.
Artifactual History Appraisal
SEPTEMBER 17, 2019
Most people selling items on the secondary market who aren’t professional dealers or without access to the assistance of professional dealers will find it difficult to obtain retail prices in a sale, and can more realistically expect future sale prices to be closer to the Fair Market Value and Liquidation Value levels of the market.
Art Appraisal Resources
JULY 13, 2023
Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums. An appraisal helps establish the artwork's current market value and ensures that you have the necessary documentation in case of loss, theft, or damage.
Buckhead Jewelry Appraisers
FEBRUARY 27, 2024
So you’ve just inherited your grandmother’s vintage diamond ring, only to find out it’s not covered by your insurance policy because its value wasn’t properly appraised. Insurance valuation refers to the process of determining the monetary value of an asset, property, or item for insurance coverage.
Drishti LLC Appraisers
APRIL 16, 2021
An insurance appraisal is also used for estate planning purposes, as well as insurance policies and claims. FAIR MARKET VALUE VS. MARKET VALUE In the situation of an estate distribution, the appraisal report is written to determine Fair Market Value, which is slightly different from Market Value.
What Is It Worth?
MARCH 7, 2024
You’ll need a fair market valuation and a suggested asking price. Do you want to include your item on your homeowner’s insurance policy, or do you want to donate it and/or write it off your taxes? Then you’ll need an insurance or replacement valuation. Do you want to sell it?
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