What do antique appraisers charge

The appraiser is there to provide you with the value you need for specific purposes like insurance, donation, resale or equitable distribution. All these items will help the appraiser develop a value quicker and easier. Since most appraisers charge by the hour, being organized translates into savings for you.

Reasons for Appraisals There are situations where an appraisal is desired or even required in order to establish the value of one or more items. Establish Fair Market Value A fair market value FMV appraisal determines what an item is worth when a willing buyer and seller agree to the sale in a reasonable time.

A retail replacement value figures the current cost of replacing an item. A liquidation appraisal establishes the value of the items if you had to sell them immediately, as with a divorce or bankruptcy. Meet a Legal Requirement There are times when appraisals are required by law or insurance companies. Your insurance company may request an appraisal when you want extra coverage a rider for your salt and pepper shaker collection.

During a divorce, you may need to establish the value of those antique paintings for the settlement. What You Are Paying For When you order a full appraisal, you should expect a detailed report that includes the reason for the appraisal and the methods and reasoning used to determine the value of the items. Choosing an Appraiser Personal property appraisers antiques appraisers do not have to be licensed. An Appraisal Is an Important Investment When you need an antiques appraisal, it's well worth your while to spend time finding an appraiser who comes with references and experience.

By Kate Miller-Wilson. How to Become an Antique Appraiser. By Jennifer L. Become a Member. Remember Me.

Forgot username or password? Not a member? Need further assistance? Please call Member Services at Subscribers only Sign in or Subscribe now! Forgot password? Check this box if you wish to have a copy mailed to you. For selling, you need the fair-market value or what a buyer would pay you. For estate tax, you would need the fair market value as well. If your item has a minimal value and doesn't require a full written appraisal, Charleston-Rosenberg says she and the vast majority of appraisers will tell you it's not worth the fee to appraise.

Often by calling an appraisal office, you can get a rough idea of whether to pursue a full consultation. Charleston-Rosenberg says she knows of appraisers who request an emailed image of an heirloom to determine if their services are actually needed. Because your heirloom is not a single object but a larger collection, however, you will probably need to have an appraiser view the stamps in person. Antique valuations and antique appraisals are used for different reasons and can vary in value and price depending on who you talk to.

Below you will find some of the main differences between the two. So now what? Where do you turn? And do you need an antique valuation or an antique appraisal? The first step in finding out the actual value of your piece is to contact an appraiser. Ask friends, co-workers, or others who have already gotten something appraised since referrals can usually be trusted.