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Tag Archives: appraisals
No one wants to consider the unthinkable – like theft, damage or loss – happening to a prized possession, but the reality is that these things happen. Whether you own fine art, jewelry, antiques or even classic cars, having a current appraisal is an important component of collection care.
An appraisal is an opinion or statement of value. It provides the necessary documentation to substantiate the existence, condition and value of your collection. An appraisal can serve to inform a sale or a donation of a collectible item or help settle an estate. It will also help ensure that a valuable item is insured to its current replacement value, thereby providing protection against market fluctuations and value loss. Continue reading
Did you make a New Year’s resolution? If so, chances are you are one of millions who vowed to eat healthier in the new year or hit the gym a bit more regularly. But for high-net-worth (HNW) individuals, making a … Continue reading
When insuring valuable pieces, insurance companies look for appraisals written to USPAP standards, for the Uniform Standards of Professional Appraisal Practice—the generally accepted standards for professional appraisal practice in North America. USPAP contains standards for all types of appraisal services, including real estate, personal property, business and mass appraisals. Continue reading
Is there a mystery behind your masterpiece? More value behind your valuables?
Whether you’ve acquired art and antiques through auctions, inheritances, antique stores or even garage sales, you can never be sure of their true value without consulting a professional. Continue reading
The art market has been anything but stable. From a collector’s perspective, that could mean a piece they purchased several years ago for six figures is now worth well in the millions. That bodes well for the art market, but creates a challenging insurance environment in which many collectors may be vastly underinsured. Continue reading