Professional evaluations of a single items or complete collections...
Why would you want an appraisal? You may want to know information about what you have or you may need to divide belongings due to a divorce or death in the family.
What does an appraisal tell me? An appraisal identifies items, give you information as to age of the item, an evaluation of the condition of the item and a value of the items. When David conducts an appraisal the value identified may be one of two types: Fair Market Value or Replacement Value.
Fair Market Value: Fair market value is best described as "the price that property would sell for on the open market between a willing buyer and a willing seller, with neither being required to act, and both parties having reasonable knowledge of the relevant facts". Fair market value is traditionally used in appraisals that pertain to IRS, equitable distribution, donation, divorce settlement and other estate evaluation matters. It does not apply to insurance affairs.
Replacement Value: Replacement value is generally defined as the price at which property would be available on the retail market. In other words, what a retailer, dealer or gallery owner would charge for a particular item. Replacement value is fundamental to insurance appraisals.
Why would I ask David to conduct an appraisal for me? David has many years of experience in not only buying and selling antiques and collectibles, but he has also maintained a vast knowledge in values of personal and household items in the general market. With his wealth of knowledge, David is able to evaluate your item(s) and provide you with a written appraisal that describes the item(s), their age, condition, and value per the type of appraisal you requested. Several local law firms contact David to provide appraisals for their clients in cases of estate settlements or divorce.