ANTIQUE APPRAISAL: APPRAISAL

Black’s Law Dictionary defines an appraisal as “a valuation or an estimation of value of property by disinterested persons of suitable qualifications” and “the process of ascertaining a value of an asset or liability that involves expert opinion rather than explicit market transactions.”

At EmailAppraisals.com we perform appraisals on personal property items. The most common items include Fine Art, Antiques, Porcelain, Silver, Rugs, Collectibles and Furniture. An appraisal of personal property process involves examination, identification, market analysis and report production. The most common value approach when appraising personal property is the Market Comparison Approach to Value. It entails determining the most relevant market and comparing the subject item to other similar items that have   recently sold in that market. The appraiser must have an advanced understanding of the value characteristics in the item he is appraising.

When you have a need for a personal property appraisal we suggest you pay for the services of an accredited appraiser. An accredited appraiser should adhere to a professional code of ethics. The most important role an accredited appraiser plays is as an independent, disinterested provider of value. When you compensate an appraiser for his time he can maintain impartiality. On the other hand, when you receive a free appraisal from a dealer who has an interest in buying and reselling the item, chances are you will not receive an impartial value. The dealer who has an interest in your item has a motive to appraise low in order to buy from you low and resale higher. The difference in the buy and resale is the profit that allows the dealer to appraise for free and operate his business. The resale amount he realized is much closer to the actual appraisal value.

For over four decades, EmailAppraisals.com has provided personal property appraisals around the globe on all types of items, providing accurate information that is needed for a variety of reasons, such as charitable donations; insurance claims and risk coverage; estate settlements, or any number of other needs of our customers. The online appraisal is effective for thousands of items that can be accurately identified from digital images and informative descriptions. If you do not have an accredited appraiser in your area or would like to greatly reduce your appraisal fee expense, visit EmailAppraisals.com for a fast, accurate, inexpensive, certified appraisal.