The appraisal process for personal property appraisers has technical and legal limitations (USPAP) similar to most other professions. But the greatest difference credentialed appraisers have over other professions (i.e. law, accounting, etc.) is the subjective aspect of our work. Though we must base our numerical conclusions on credible market data, we nonetheless have to use… Read more »
Posts Categorized: Appraisal News
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. Appraisers must not buy what they appraise due to the inherent creation of a conflict of interest. Simply put, appraisers are forbidden to… Read more »
Are you about to have to deal with someone’s Estate as the Executor or the Executrix? Then you’ll need to exercise due diligence in order to fulfill your fiduciary responsibility. There is a lot to know and it can be overwhelming if you’ve never had to do it before. Read all about the Appraisal Process… Read more »
Cormac McCarthy (American: 1933 – ) wrote all of his novels on this contraption, a manual Olivetti Letters 32 typewriter. For readers born after 1985, refer to Webster’s definition of this artifact. Who’s Cormac McCarthy? Check out Wikipedia for the details or The Maine Digest (April 2010 issue). Suffice to say, he won a Pulitzer… Read more »
As reported in the Maine Antique Digest (April 2010 Issue), the highest price ever realized at auction for a 19th century book of poetry was sold by the major New York Auction house, Christie’s, in their 4 DEC 2009 auction for $662,500.00.
As reported in the Maine Antique Digest (April 2010 issue), Brunk Auctions of Asheville, NC, sold a paint-decorated ca.1820 American corner cabinet attributed to John Swisegood (1796-1874) of Davidson County, NC, on 20 FEB 2010. The realized price, including buyer’s premium, surpassed the pre-sale estimate of $40k-$60k.
The Exchange Rate and the Art Market: Maine Antique Digest – April issue. A pertinent article in M.A.D. relevant to art market watchers, collectors, and dealers by Daniel Grant. What do hedge funds have to do with the art market? Find out for yourself what George Mason University economist, Tyler Cowen, and New York University… Read more »
At Dallas based auction house, Heritage Auction Galleries, on 25 FEB 2010, a copy of Detective Comics #27 which is notable for having first mentioned the caped crusader, Batman, sold for a world auction record of $1,075,500.00. The previous auction record for a comic book was $317,000.00. Prior to that the highest ever reportedly paid… Read more »
“Made” is a slang term used colloquially in the antiques trade to describe antiques that have been drastically altered from a lesser value form to a greater value form for the purpose of enhancing marketability. Also, a reproduction made from scratch using antique materials, period tools, and period methods in order to achieve a product… Read more »