|
|
TYPES OF APPRAISALS
|
There are three basic types of
appraisals.
 | Insurance Appraisals - This
appraisal determines what the replacement value of your quilt or garment is.
In other words, how much money it would cost you to replace your damaged or
lost quilt with one of like and kind. Whether examining a quilt/quilted
textile, the information must be in a simple short form since an appraisal is
not a documentation. A written appraisal by a qualified appraiser leaves
little doubt with your insurance adjuster on a replacement value for the lost
quilt. |
| Fair Market Appraisals - This
appraisal is for a market value - that figure arrived upon between a willing
buyer and a willing seller, both with knowledge. An AQS certified appraiser is
current with the market, both antique and contemporary, including auction and
gallery as well as private sales, to the best of their ability. The Fair
Market appraisal is an opinion and not a guarantee. |
| Tax Donation Appraisal - This
appraisal is for a client who wants to donate a piece for any reason to any
type of organization or place, or to establish a value for an estate/family,
often after a death. |
|
|