Fine Art and Antique Appraisals
As individuals acquire items of value, it is important to have an up-to-date accounting of these items for insurance or sales purposes. Additionally, perhaps you have an older family member who is getting ready to scale down their residence and needs help in determining the value of a lifetime's worth of heirlooms. You may wish to have these items carefully documented and cataloged by an unbiased, certified appraiser.
You and your family may possess an item of great wealth and not be aware of it. You may be richer than you think. Feel free to contact us should you have any questions about individual art appraisals.
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Replacement Value for Insurance
Replacement value for insurance is defined as the highest price in terms of cash or other precisely revealed terms that would be required to replace property with another of similar age, quality, origin, appearance, provenance, and condition, within a reasonable length of time in an appropriate market. Since items involved in an appraisal are either one of a kind or were produced in a very limited quantity, this definition assumes that an item cannot be replaced with an exact duplicate. Therefore, additional consideration must be made for the replacement as to artistic merit, desirability, characteristics, and period of execution.
