Charitable Donations Collectibles Tax Liabilities 
International Society of Appraisers
MARCH 14, 2025
The definition may vary slightly from federal government definitions used to determine tax liabilities. A collection of unbranded jewelry that has no celebrity provenance may sell at a local or regional auction house. The process for determining fair market value for a damage claim would be the same for any other intended use.
Penrose Appraisals
JANUARY 6, 2024
You've got some antiques you inherited from your aunt, a small but growing collection of vintage Star Wars toys, and that mysterious oil portrait of two little kids that you picked up at a second-hand store a few years back. Estate tax liability. Most states do not have an estate tax, but some have inheritance taxes.
Harrison Appraisals
APRIL 7, 2023
Collecting trends and changes in taste have had a major impact on everything from antique furniture to folk art. Market fluctuations and rarity can have a big impact on antiques and collectibles. Condition issues, wear and tear, damage and environmental factors can also affect collectability and value.
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