Remove Insurance Policy Remove Provenance Remove Rarity
article thumbnail

Passion Assets: A True Love of Collecting

Art Peritus

However, the qualities that make passion assets so precious to collectors also expose them to unique risksrisks often not covered by standard homeowners insurance policies. Several nuanced factors determine the value of passion assets, including rarity, quality, condition, and provenance.

article thumbnail

Why do you need to have extra insurance coverage for fine art & jewelry?

International Society of Appraisers

One question you should ask yourself is “am I properly insured if something catastrophic happens?” They consider factors such as an artist's reputation, rarity of the piece, quality of materials, provenance (history of ownership), and market trends. Their expertise ensures that the valuation is accurate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

The determination involves consideration of various key factors such as age, rarity, and provenance that all can influence an item's worth. Reasons to Seek and Antique Appraisal There are various reasons that someone might need or want an appraisal: Insurance coverage.

article thumbnail

Decoding Jewelry Appraisals: A Comprehensive Guide

John Thomas Jewelers

Jewelry appraisals are required for most insurance policies. Some of the key dynamics that impact jewelry value include: Gemstone quality and rarity. The type, quality, and rarity of gemstones used in jewelry significantly affect its value. Provenance or ownership history. Historical or cultural significance.