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Ron Perelman's $410m insurance trial is testing the limits of art valuation

The Art Newspaper

Though the works were not physically destroyed, Perelman argues they suffered an intangible loss of value—what he famously described as their “oomph”—after exposure to the sprinkler systems and smoke. The insurers dispute the damage, as well as Perelman’s claim that he never attempted to sell the works afterward.

Insurance 157
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Why Accurate Appraisals Matter in the New Year

Penrose Appraisals

Part of the issue is that he isn't really clear about the value of what he has. Whether it is dividiing an estate, buying insurance, making non-cash charitable contribiutions or one of many other scenarios, an appraiser can help you and your family to make better decisions. Appraisals can help ensure adequate insurance coverage.

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Why Get a Diamond Appraisal for Your Engagement Ring

GIA 4Cs

A diamond appraisal is an evaluation of a diamond or piece of diamond jewelry, usually for insurance or estate purposes. An appraisal may be needed for a variety of reasons (insurance, donation, estate, divorce, etc.). For example, an insurance replacement value is generally much higher than a fair market value.

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Certified Art Appraiser-San Diego, CA

JSK Fine Art Appraisals

Here’s when it’s worth bringing someone like me in: Insurance If your artwork is damaged, stolen, or lost in a fire, the insurance company needs to know what it was worth before something happened. That’s where a replacement value appraisal comes in. When Do You Actually Need an Art Appraisal? Good question.

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The Role of Jewelry Appraisers in Insurance Valuation

Buckhead Jewelry Appraisers

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. These scenarios reflect the all-too-common struggles encountered in jewelry valuation. What do Jewelry Appraisers Do?

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Evaluation to Valuation: Navigating Fine Art Appraisals

Art Appraisal Resources

How do you place value on something as intricate and subjective as fine art? In this post we explore fine art valuation and appraisal, how an appraisal is conducted and the different types of art appraisals. Your appraiser will also use knowledge of recent sales of comparable works to determine the artwork’s value.

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The Role of Appraisals When You Sell Your Jewelry

Buckhead Jewelry Appraisers

The importance of professional appraisals cannot be overstated when you sell jewelry to determine its value for insurance and other purposes. More people who own jewelry are getting their jewelry appraised for consultation and legal purposes, and because of that, the global jewelry appraisal market is projected to grow by 2029.