Top 7 Things to Look for in an Appraiser

Even if you receive a referral for an appraiser from a friend, your lawyer, insurance agent or wealth management adviser, check the appraiser’s credentials. There is no licensing for personal property appraisers, but reputable professionals are affiliated with at least one of the three major appraisal organizations: Appraisers Association of America (ASA), American Association of Appraisers (AAA), and International Society of Appraisers (ISA). These associations require members to keep up to date with appraisal practices, continuing education, and adhere to a code of ethics. To work with the highest standard, here is what to look for:
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Looking for a Fine Art or Antique Appraiser? Here is what to do…

Image: Tiffany Studios Wisteria Table Lamp, from: Sotheby’s December 18, 2013, lot 330.

We all have heard of the story of a painting purchased at a tag sale for less than the cost of a ham and cheese sandwich and then the buyer turns around and sells it at auction for the equivalent of a college tuition.

Although this story is not very common, it is important to understand the value of any item in the right marketplace. Whether you want to know an item’s value to sell, for insurance coverage, an estate valuation, charitable donation, or just to satisfy your curiosity, it is worth spending some time and money for peace of mind. Here is what you need to know :
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