Humor in the Marketplace: Wingnuts and Boat Anchors

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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 »

Estates: Learn About the Appraisal Process

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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 »

World Auction Record: Olivetti Manual Typwriter $254,500

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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 »

World Auction Record: Painted Southern Corner Cabinet

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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.

Art Market Report: 1st Quarter 2010

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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 »

World Auction Record: First Batman Comic

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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 »

Antiques Business Vocabulary: Made

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“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 »