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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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Insurance: Protecting Your Collection

Art Peritus

Insurers typically base their premiums and payouts upon several factors: Purchase price: As mentioned above, this is often the most provable value, even if it is not an accurate reflection of value Current Market Value: The most probable price which an object should bring in a competitive and open market (e.g.