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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

You should check with your insurance provider to see what is and is not covered by your homeowners or rental insurance policy. An impartial valuation can eliminate a lot of conflict with family members so they know what they have and can sell in the most appropriate marketplace.

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

Artifactual History Appraisal

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.

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Fine Art Insurance 101

Fine Art Estates

I naively “assumed” that the word “All Risk” meant just that, and all my personal property was covered up to the amount stated on my policy’s declarations page. I now realize that HO insurance is designed to insure your home, not protect your art collection. Only the specific artworks scheduled on the policy are covered.

Fine Art 130
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Understanding Your Appraisal: Fair Market vs. Insurance Value vs. Suggested Asking Price

What Is It Worth?

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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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Appraisals are important not only to make certain you are appropriately insured, but it can also help you make smart decisions about charitable donations, gifts to family members or making the decision to sell the work. These types of valuations are not accepted. After that I immediately switched my insurance company.

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Insurance: Protecting Your Collection

Art Peritus

Establishing the Value Collectors who are just getting started often rely on their homeowner’s insurance policy to cover the value of their valuable items. Many policies offer blanket protection, and major insurers such as Chubb do not require appraisals for items worth less than $250K.

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WCG Private Practice Seminar Summary, Part I

WCG

4 Saturday, November 16, 2024 Morning Session Summarized by Alice Craigie , Modern Painting Fellow National Gallery of Art, Washington D.C. Caseys presentation broke down insurance essentials alongside various types of insurance T Block offers. Naval Lodge No.