Do completed sales matter more than asking prices for antiques?
Yes, decisively. Completed auction results evidence what bidders actually paid, while dealer listings and marketplace asking prices often sit unsold and prove nothing about market value. A credible antiques appraisal cites specific sale dates, venues, and realized prices, using unsold listings only as context.
Can refinishing an antique lower its value?
Yes. Original surface, patina, and period-consistent wear are key authenticity and value indicators, and aggressive cleaning or modern refinishing can materially reduce desirability and price. We document any non-original restoration in the report because repairs and alterations commonly warrant downward adjustments against original-condition comparables.
Must a North Dakota personal property appraiser hold a state license?
No. The permit requirement in N.D.C.C. ch. 43-23.3 governs real estate appraisal, and the Real Estate Appraiser Board's rules define practice entirely in real property terms; there is no separate state credential for personal property work. Probate practice instead looks for qualified, disinterested appraisers whose methods and documentation hold up.
Are household antiques automatically exempt from North Dakota property tax?
Not by a blanket statute. Personal property is defined as a residual class, everything outside the real property definition, and taxability follows use. Home collections are not assessed in practice, but antiques held as dealer inventory or business assets can be classified as taxable commercial personal property, so how a collection is held matters more than what it contains.
What happens to antiques when a North Dakota court appoints a receiver?
They get valued under court supervision. Rule 8.1.1 of the North Dakota Rules of Court lets the court appoint appraisers for a receiver, and if none are appointed the receiver must investigate the value of the listed items directly, reporting annually starting twelve months after appointment. Antique inventories and collections inside receiverships are routinely valued through that framework.