5 Tips for Getting the Most Out of an Antiques Appraisal

July 14, 2023
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Table of Contents

Introduction

antiques appraisal can be a tricky and often confusing process. But with the right guidance and tips, you can get the most out of a professional appraisal. To help you get started, we’ve put together 5 tips to ensure you get the most out of your antiques appraisal experience. From understanding what you want out of an appraisal to insurance and estate planning, our tips will help you make the most of the process.

1. Understand What You Want Out of an Appraisal

Knowing why you are getting an appraisal and what you hope to get out of it is the first step to making sure your antiques appraisal is successful. An appraisal is different than an opinion of value, as it is an estimation of what your item is worth based on facts and experience. Before getting an appraisal, think about why you need it. Are you looking to sell your item? Insuring it? Settling an estate? Or looking for a valuation for a divorce or other legal issue? Once you know the purpose of the appraisal, you will be able to provide the appraiser with the correct information to accurately appraise the item. Additionally, it is important to think about the future beyond the appraisal. Are you looking to store the item in a safe place? Will you be selling it? Understanding what you want out of the appraisal can help you create a plan to make sure you get the most out of it.

2. Research the Appraisal Company Before Hiring

Researching an appraisal company before hiring is a crucial step when getting an antiques appraisal. Different companies offer different services and depending on what kind of items you're looking to appraise, you may need a specific type of appraisal. Make sure to ask the appraisal company what types of items they specialize in and their experience with antiques. Ask for references – either from previous clients or from dealers and collectors in the antiques industry– and make sure to verify them. Web reviews can also provide valuable insight into the appraisal company. Additionally, ask what credentials their appraisers have. A reputable company should only employ appraisers who are accredited by a recognized organization in the antiques appraisal industry. Research is key to finding the right appraisal company and ensuring you get the most out of your appraisal.

3. Prepare the Items Before the Appraisal

Before you start the appraisal process, it's important to prepare the items you're having appraised. The more prepared you are, the better the appraiser can assess your items and provide a more accurate valuation. Here are some tips on how to prepare for the appraisal: First, be sure to have all of the relevant documents and information on hand, such as receipts, bills of sale, appraisals or certificates of authenticity. It's also helpful to provide the appraiser with a list of items that are being appraised and any background information you have on them. Additionally, make sure all items are cleaned and polished before the appraisal. This allows the appraiser to clearly see any markings, details, or defects in the items. Finally, take pictures of each item before the appraiser arrives and provide them for reference. Preparing for an appraisal properly can help the assessment process run more smoothly and provides the appraiser with the necessary information to accurately assess your items. Taking the time to properly prepare for your appraisal will help ensure you get the most out of it.

4. Know What Questions to Ask During the Appraisal

Knowing what questions to ask during an appraisal is a great way to get the most out of the process. Start off by asking the appraiser about their qualifications and the experience they have in the field. Be sure to find out the appraiser's process for valuing antiques and what they think is important when assessing an item. It's also a good idea to ask if the appraiser is familiar with the item you have and if they have ever seen a similar piece. This will give you a better understanding of their expertise and the value they are likely to assign to your item. Finally, make sure to ask for details about the item's history and any relevant background information, so that you can better form your own opinion of its value.

5. Consider Insurance and/or Estate Planning After the Appraisal.

When it comes to antiques, appraisals are a great way to assess an item's worth. But they're also an opportunity to plan for the future. After an appraisal, consider the benefits of both insuring and estate planning. Insurance can protect antiques from damage or theft and help maintain their value. Estate planning can help you make informed decisions about what to do with an item or collection in the event of an owner's death. There are many resources available to help you understand the different types of insurance and estate planning available. Doing research and consulting with a financial planner can help ensure that you make the best decision for your antiques and financial future.

Conclusion

Overall, the antiques appraisal process can be a valuable and informative experience if done in the right way. With these five tips, you can maximize the value of your antiques appraisal. If you are looking for a reliable appraiser for antiques, AppraiseItNow is the right choice who can provide you with an accurate appraisal.

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