including art objects and antiques. Before issuing personal property insurance policies for high-end items, manyinsurance underwritersrequire applicants to have the object appraised. The appraisal creates a record
It’s important to revisit floater policies and have your items appraised every one to three years to ensure the valuations are current. Also, be sure to add new purchases, such as birthday and holiday gifts. Raised Liability Limits Increasing the liability limit can be a less expensive alterna...
You can have these items appraised by professionals or do it yourself with some online research. You can also group small items to save time. You might say, “Various cooking utensils. Value unknown.” Then, focus your inventory on specific, valuable items you want to protect. ...
Few readers here including myself have much experience with antiques, let alone would be able to judge them from pictures ... but I would not touch that one until it is evaluated by a knowledgable antique dealer. My wild guess is that this is something quite valuable. Luck & Regards, ...
If it’s been a few years since your items were appraised, you will want to have it done again. The value of jewelry has changed dramatically in the last few years with the increase in gold and silver prices. Antiques and collectible values can change as well, so if you want to prove...
Appraisal:Real estate properties or other assets like art or antiques are often appraised by professionals to determine their current market value. Assessment:Vehicles such as cars or boats may be assessed using factors like mileage, condition, and market demand to estimate their worth. ...
Get antiques and artwork appraised Before you begin to pack or move you valuable items, you should get every item appraised. You can visit the American Society of Appraisers website and find a qualified appraiser near you. Buy the proper packing supplies ...
For instance, you may be passionate about photography and have a solid understanding of the value of photography equipment. If your relative has any such stuff, you will know right away that specific items should be guarded carefully and sold only after they are appropriately appraised. But you...
From Chipppendale chairs, which can sell for thousands a set, to a retro IKEA Bergslagen side table that goes for nearly $3,000, quality antique and vintage furniture can be worth a lot. It's not a bad idea to get older pieces appraised before they go on the junk pile. ...
This process will require that you have your collections formally appraised. This is good practice in general, as having items appraised regularly keeps counterfeiting at bay. Back-Up Your Valuation with Visual Documentation If a tree falls in the forest and no one hears it, does it make a so...