Art Peritus

JANUARY 31, 2025

Formal USPAP-compliant appraisals are essential in these cases. For example, appraisals for Fair Market Value or Marketable Cash Value guide lenders in structuring asset-backed collateral loans. This makes it critical to secure proper coverage. This makes it critical to secure proper coverage.

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Artifactual History Appraisal

SEPTEMBER 17, 2019

My latest article for Worthwhile Magazine™ tackles a tricky area of appraising: understanding the different levels of value. This is one of the most confusing elements of appraising that I spend a lot of time discussing with clients, so I wanted to cover the subject in an article that could reach and help a much broader audience.

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ValuePros Appraisal Services

AUGUST 23, 2023

When it comes to assessing the value of personal property, two commonly used methods are the Replacement Value Appraisal and the Fair Market Value Appraisal. In this blog post, we will explore the distinctions between these two appraisal methods, helping you understand when and why each one is used.

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Appraiser/appraisal Market Value Insurance Coverage 52

International Society of Appraisers

APRIL 19, 2024

” Specifically, many people may not realize that traditional homeowners insurance policies typically have coverage limits that may not be sufficient to adequately protect high-valued property such as fine art, jewelry, or luxury items. That is a key reason to reach out to an ISA personal property appraiser.

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International Society of Appraisers

MARCH 14, 2025

As partners of the Appraisal Foundation, we adhere to Personal Property Appraiser Qualification Criteria. Qualifying appraisal experience consists of tasks associated with the accomplishment of personal property assignments which result in a USPAP compliant report. As appraisers, we are market researchers.

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McAllister Fossum Appraisal Services

SEPTEMBER 19, 2019

Written by Kirsten Rabe Smolensky, JD, ISA CAPP As an appraiser, I have worked on a lot of insurance claims , including losses due to fire, theft, transit damage, and flood. The number one mistake most insureds make is not being prepared in advance. The insurance company requests an inventory of EVERYTHING inside.

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Penrose Appraisals

JUNE 25, 2024

Antique appraisals are a crucial step in understanding the true value of the item in the marketplace. A skilled appraiser carefully studies the history, authenticity, and condition of each item to determine their worth. Unfortunately, finding skilled antique appraisers near you can be a challenge. Examination.

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JSK Fine Art Appraisals

OCTOBER 15, 2023

In this blog post, we explore the crucial role of insurance appraisals in safeguarding your art collection, providing insights into why this process is indispensable for every art enthusiast and collector. Accurate Valuation for Adequate Coverage: The art market is dynamic, with values fluctuating over time.

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John Thomas Jewelers

AUGUST 17, 2023

Jewelry appraisals protect your valuable pieces in the event of damage, loss, or theft. Without a proper evaluation of your jewelry’s worth, you can’t get insurance coverage for it. Knowing you need estimated values and understanding the appraiser’s report once it’s available are two different things.

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Drishti LLC Appraisers

JULY 27, 2023

​A client recently called us to update an insurance appraisal for original Andy Warhol prints. A previous appraisal from two years ago was available, however, the insurance company insisted on a new appraisal. You might wonder why insurance companies, such as Pure Insurance ( [link] ) or Huntington T.

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ASA Newsroom - Gems & Jewelry

JANUARY 7, 2024

An expert’s view on why your health insurance policy should be appraised by a professional. Editor’s Note: The beginning of a new year is the perfect time to have your health insurance policy reviewed by a professional. ASA: What would such an appraisal or review look at and cover? Thompson: Simple.

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Veritas Art Appraisals

JUNE 13, 2022

Some of the most common questions advisors hear from clients about their fine art and collectibles are, “Does my homeowner’s insurance provide coverage for my artwork? A typical homeowner’s insurance policy affords you a little bit of coverage. Do I need a special rider?”

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Insurance Insurance Policy Appraiser/appraisal Coverage 52

ValuePros Appraisal Services

MARCH 23, 2018

Insurers often do not accept an appraisal from the source of the jewelry sale when scheduling insurance. For the very reason – what jewelry retailer would issue an appraisal at purchase that would present a value less than the purchase price? Coverage is relatively affordable.

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ASA Newsroom - Gems & Jewelry

MAY 1, 2024

Tweet By Thomas Dawson, ASA Spotlighting five key areas appraisers need to know to be covered in ASA ’ s upcoming PP163 Property Insurance Fundamentals webinar. In the property insurance industry, appraisers play a vital role, particularly when it comes to claims.

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Art Peritus

SEPTEMBER 3, 2024

Some policies specifically cover transportation risks and will not only compensate for the loss in value, but often the substantial cost of restoring the piece is also covered. Since Homeowners and Renters policies typically have dollar limits, specialized policies for coverage of art, antiques, or luxury goods (like that new Birkin bag!)

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Penrose Appraisals

DECEMBER 27, 2022

However, certain collectibles and antiques are not eligible for replacement cost coverage. A standard insurance policy written to provide replacement value for losses would perhaps go into the market to find out what the dress costs to buy new. And some policies simply exclude art and collectibles outright.

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Art Peritus

FEBRUARY 17, 2023

B: Should updated appraisals be a resolution for collectors? K: Certainly, especially if they haven’t had an updated appraisal in 5 years and/or they are collecting in a genre or an artist in which there has been a lot of market fluctuation, such as women Abstract Expressionists, contemporary Black artists, just to name a few general areas.

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La Jolla Gem Appraisal

JUNE 24, 2023

Accidents and theft can happen at any time, and it’s better to be prepared than to regret not having insurance. Here are some steps to take to insure your diamond: Get an appraisal : Before you can insure your diamond, you need to know its value. Consider your needs and budget when choosing the right policy.

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John Thomas Jewelers

MAY 19, 2023

Consult with an antique jewelry appraiser about the potential impact before making any significant repairs or alterations. Does insurance cover jewelry repair? Insurance coverage for jewelry repairs depends on the specific terms and conditions of your insurance policy.

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GIA 4Cs

JUNE 10, 2025

Diamond Ring Insurance Costs It is highly recommended that you purchase insurance coverage for your ring. Insurance costs and annual premiums will largely depend on the ring’s appraised value and the type of coverage. Top-level jewelry insurance policies can also cover theft, loss and damage.

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Fine Art Estates

JUNE 4, 2021

Part Three: An Interview with a Fine Art Insurance Provider Most insurance is underwritten by an insurance provider. A provider evaluates the risk, provides a quote, issues coverage, and, in the event of a covered loss, pays the coverage set forth in the policy.

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