Appraisal
Services |
| What
is an appraisal? |
An
appraisal is an informed opinion of the value of an object, based on an in-person
inspection of the item or photographs of it, knowledge and research into the value
and recent selling prices of similar items and the review of available documentation,
such as provenance and sales receipts. Antiques can have different types of valuations
- insurance valuations and valuations for sale, for example - and each meets a
specific need. Janet provides
professional appraisal services for sales, insurance coverage or claims, probate
processes, donations of art works, estate planning, and the division of assets
due to divorce proceedings or for family member distribution. Her written appraisals
- whether simple valuations for sale or complex inventories for insurance purposes
-- are formal, dated, written documents, supported as required with background
or research information and photographs. Janet's reports meticulously conform
to the Uniform
Standards of Professional Appraisal Practice (USPAP)
of The Appraisal Foundation. Janet can also provide expedient verbal appraisals when
time, the items in question or other circumstances warrant a more informal, lower-cost
approach.
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Client
Testimonials
| | Valuations
for Sale |
Janet
provides verbal and written estimates of the current market value of antiques
and artworks for clients considering the potential sale of their pieces. It is
important to note that unlike some other antiques appraisers, Janet is not a dealer
and will not buy directly from clients, as she considers this to be a conflict
of interest. If appropriate, however, she will provide advice about potential
sales opportunities, and she has considerable experience as an intermediary for
sellers, managing single items and extensive collections through local and international
venues. Janet also organizes and prices items for estate sales.
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Valuations
for Insurance Purposes |
| Thefts
of fine art and antiques continue to rise, making a full and comprehensive inventory
and valuation very important not only to institutions and serious collectors,
but also to private individuals. Janet prepares a complete inventory at the client's
home, providing a detailed description of each item, a photograph of it, and an
estimate of its replacement value. Individual high value items can be quickly
updated to reflect changing market values.
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Valuations
for Probate |
Valuations
are required for probate purposes before an estate can be settled. Janet regularly
conducts such valuations, and can make arrangements for the secure removal and
storage of high-value items as necessary.
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Valuations
for Estate Planning, Family Division and other family circumstances |
|
Janet prepares valuations to assist
individuals in estate planning, in the division of property among family members,
or for the purposes of divorce proceedings.
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Valuations
for Charitable and Cultural Property Donations |
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Janet regularly carries out appraisals
to meet tax requirements for charitable donations of artworks or cultural property.
The Canada Revenue Agency requires an appraisal for the tax-deductable donation
to a registered charity of art works whose value is greater than $1000. Such appraisals
are also required under the special tax rules for the donation of artworks or
antiques that have been deemed to be cultural property.
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