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What Does An Appraiser Do, Anyway?

Penrose Appraisals

Market research. It is only after learning about and considering all of these things that an appraiser can then turn to the market to make a determination of value. Of course, the market chosen will vary depending on the purpose of the appraisal.

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2024: Year in Review

Penrose Appraisals

Also in February, I appraised a collection of guitars for purposes of buying insurance. It's important to realize that your homeowners' insurance does not automatically cover items of unusual value such as antiques and collectibles. These appraisals are key to making sure you and your insurer are on the same page.

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Online art sales to grow fast as young collectors snatch up works over the Internet, global study finds

McAllister Fossum Appraisal Services

New York Daily News / Reuters The value of the online fine art market is expected to more than double to $3.76 billion in the next five years as it increasingly attracts younger and first-time buyers, British insurer Hiscox said on Monday. billion in 2013. billion in 2018.

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