Antique Appraisals and Online Appraisal
 

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Antique Appraisals and Online Appraisal of Old, Vintage and Collectible Items
11/20/09
BE CAREFUL -- the best free advice you will ever get about appraising or getting antique appraisals from antique appraisers!

TAKE TIME -- the second best free advice you will ever get about getting antique appraisals! Consult with multiple sources over a period of time. You will be absolutely astounded at the variance in antique appraisals you find at different sources.

As a silly example, I personally had two antique appraisals performed on a bayonet (sword) -- with the difference between the lowest and highest appraisal being seven fold! The highest appraisal was 7 times that of the lowest antique appraisal!

Treasure or trash? 10 ways to find out. 
(This is just a small excerpt from a wonderful article in CNN/Money on antique appraisal - the full article can be found at money.cnn.com)

New York (CNN/Money) - That old vase you found in your father's attic could be a fine item for your garage sale. Maybe you could get a six or seven dollars for it. Or it could be a rare specimen worth thousands at an auction. 

Thanks to the popularity of programs like Public Television's "Antiques Roadshow" Americans are looking more closely than ever at stuff that, a few years ago, they might have unthinkingly taken to the local charity thrift shop or just tossed into a recycling bin. 

It takes qualified antique appraisers to know whether you've got a one-in-a-million treasure or a run-of-the-mill trinket. But finding such a pro can be daunting for the uninitiated. There is no licensing for antique appraisers, so anyone can take out a Yellow Pages ad calling themselves an "antique appraiser." Here are some ways to track down the genuine article and avoid the fakes. 

Hire an appraiser to appraise -- nothing more.
Never, ever sell your antiques to the person who's performing the antique appraisals. 

Skip Internet appraisals
Antique appraisers agree that the Internet is generally not a good place to obtain accurate valuations. A good antique appraiser will need to see and handle a piece to determine its true value. There are also several websites where you can do research on your own.  Crawford Direct Appraising is a good place to start.


Get references
Ask managers at a bank or estate attorneys -- they are a good source for finding a professional, reliable antique appraiser.  Another option is the American Society of Appraisers, where members must pass an exam on valuing property and on ethical standards. Senior members must have at least five years of experience and take four classes covering various aspects of appraising. 

Interview several candidates
Once you get some names, search for appraisers who fits your needs.  And, again -- take the time.
  

 
Appraising Related Links of Interest

 

Appraisal? No.. Really What is it Worth?
You found an antique bargain and think you have gotten something very valuable for virtually nothing? "Very unlikely", but possible. Now, attempting to find out how much it is really worth will be the real job (especially if you expect to get an appraisal for free). We ARE NOT antiques and collectible appraisers, so please don't contact us for an appraisal. We have learned a few things over the years though and thought we would share some tips with you.

Do not simply ask a collectibles dealer What the item is really worth -- you are most likely to hear something like: How much do you want for it? Dealers have amassed a good bit of experienced knowledge and handing that out for free is not part of their business model. 

Do not sell your antiques item to the same person that evaluates it. Their business model is buy low sell high and you will be on the buy low part of the model.

And finally, pricing information and appraisals are just guidelines. The actual value is what somebody is willing to pay for it!

 

 

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