Author, lecturer, NYU adjunct faculty for Appraisal Studies, 32 years experience. USPAP Certified Current Since 2002. D&B DUNS designation. Federal CCR Listed. US/UK dual national. Fiduciary Responsibility Taken Seriously. Impartiality, Professionalism, and Excellence are Standard.
Chesapeake Collectibles
USPAP CERTIFIED WRITTEN APPRAISAL REPORTS personally rendered by senior appraiser Mark C. Grove, certified AAA, accredited ASA, and chartered RICS. RE: YouTube Introduction Video. Mr. Grove is completely fluent in the intricacies of the complex Appraisal Process and RICS asset valuation standards across the world. Written and verbal reports and/or consultations are available for Estate Planning, IRS Non-Cash Charitable Donations, Insurance Scheduling, Equitable Distribution to Multiple Heirs, Divorce Settlements, Damage & Loss Claims, Estate Tax Basis, Baseline Property Assessment for Incapacitated Adults, Inventory Assessment, After Action Assessment of Tangibles on the Battlefield, and Capital Adequacy Issues. Consultations are available online or in person for the Disposition of High Value Personal Property, Litigation Support, Broker, World-Wide Auction Representation, Collections Management, and for windfall clients that wish to spend their recent lotto winnings, structured annuity payments, or large inheritance in a manner that befits their newly elevated station. ♠ Estate fiduciaries: We can manage the orderly liquidation of material assets. ♠ Wealth managers: Be wise, advise your clients to seek professional advice pertaining to their tangibles when they are out of their element; the more they retain, the more you have to manage.
APPRAISAL APPOINTMENTS can be scheduled seven days a week for most antique and art (material culture) appraisals. Formal written reports are completed in a timely manner using the latest efficient Appraisal Process standards in accordance with the stringent American Federal Government rules of engagement, Uniform Standards of Professional Appraisal Practice (USPAP) as promulgated by the Appraisal Foundation which has Congressional oversight. Mr. Grove writes reports that satisfy the highest standards set by the Courts, the IRS, and Insurance Underwriters. Reports are available in Spanish, too. And don’t be shy if you need help sorting things out; we handle all assignments great and small, literally, rubbish to Rembrandts!
WHAT’S IT WORTH? Need Help Selling Something? We provide on-site, telephone, and/or on-line consultations. On-line consults are free; all I ask from you is a polite “thank you”. For consultations a numerical value will not be provided, as per the USPAP. How, when, and where to sell is critically important in order to maximize your return. Get peace of mind: Make the call or peck out an email inquiry – ASK! … Minimum requirement: photographs of the subject property and dimensions.
HOME OFFICES in Charlottesville and Fairfax, Virginia. World-wide by appointment. No travel charge within a 30 mile radius (or 30 minutes, whichever comes first) calculated from the two home offices. Mr. Grove is a US/UK dual national with the right of abode and he possesses both passports which allows him to readily provide appraisal and consultation services throughout the United States, the United Kingdom, the The Commonwealth of Nations (54 countries in all), and the European Union (27 countries in all). The UK is a member of the European Union. Any citizen of the UK is free to live, travel, work without permits, retire, or vacate without concerns in any country within the European Union (EU) and The Commonwealth of Nations.
PROPERTY OWNERS BE ADVISED: Any object that is appraised by Mr. Grove cannot be bought by him, or in his interest, in perpetuity, due to the inherent creation of a conflict of interest. Confidentiality is assured by law. These are two fundamental tenants of the USPAP-mandated Appraisal Process: Appraisers are forbidden to buy what they appraise and they must uphold the same confidentiality standards as physicians and lawyers.
FIDUCIARIES BE ADVISED: If you are an executor, executrix, or have power of attorney in matters that have to do with personal property, then it´s your fiduciary duty to be informed of the Appraisal Process. Read more about the Appraisal Process here on these pages. Mr. Grove states, “I’m a straight-shooter, call-’em-like-I-see-’em kind of guy. I advise clients on what they need to hear, not what they want to hear, and I do so with my friends, family, students, everyone; that’s just my way. The result is that you’ll learn your options and get strong actionable advice that isn’t sugar-coated.”
DONORS BE ADVISED: United States Federal Law, S HR-4, effective AUG 2006: Appraisal reports for Non-Monetary Donations and Estate Settlements must be rendered by a designated and USPAP certified member of a major professional appraisal society or by an equivalent impartial professional appraiser. ♠ Also, there was an American Internal Revenue Service (IRS) regulation change that took effect 27 JAN 2011: The donation threshold for triggering an Art Advisory Panel Review was elevated from $20k to $50k. SBSE-04-0111-008.pdf. This committee of experts approves or disapproves appraisal report valuations for American taxpayer donations. If there is a gross error both the taxpayer and the appraiser are severely penalized, and the appraiser is disbarred from practicing before The Commissioner. Accredited appraisers who render tax consequence Appraisal Reports practice before The Commissioner of Revenue (IRS). Personal property donated to a not-for-profit entity must be witnessed by the appraiser to exist, be verified by the appraiser to have been removed from the donor’s possession, actually be in possession by the donee, and be applicable to the donee’s mission statement, i.e. truck parts cannot be donated to an art glass museum, art glass cannot be donated to a truck museum, etc. Mr. Grove will report fraud schemes to IRS authorities.
FYI: The basics even some professionals don’t know.
- Personal property is any tangible object that can be moved: toys, jewelry, fine art, crops, chattel, furniture, yachts, weapons, starships, etc. In the British vernacular these are referred to simply as property and appraisers are known as valuers or surveyors of worth.
- Real property is anything that cannot be moved: lots & plots, farms, houses, airports, ranches, buildings, etc.
- Intellectual property is an intangible product of the intellect that has commercial value such as copyrighted material (©®TM) including literary or artistic works, and ideational property such as patents, appellations of origin (i.e. champagne), business methods, and industrial processes. Appraisal reports are intellectual property.
- Public property is any real or personal property owned by a government entity.
- Private property is any real or personal property owned by a non-government entity.
- Demand always determines value.
- MRICS: Member Royal Institution of Chartered Surveyors (20,000+ hours). FYI: Surveyors of value.
- ASA: Accredited Senior Appraiser, member (10,000+ hours) of American Society of Appraisers (ASA).
- AAA: Certified Member, (10,000+ hours) the Appraisers Association of America (AAA).
- MA: Master of Arts Degree.