Choosing Experts to Appraise Collectibles and Valuables

Antique Child's Sewing MachineThe New York Times recently published an article titled “The Specialized Art of the Appraisal”.   It stresses the importance of keeping tabs on your collection, knowing what you have and the values.

“Whether it is fine wines, vintage movie posters or abstract paintings, some people spend a great deal of time and money compiling collections of valuables. Even if they’re collecting out of personal passion, rather than as an investment, it makes sense to keep tabs on how much the collection is worth.”

An appraisal is an essential tool to accomplish this goal.  The article goes on to explain the importance of selecting the correct appraiser for the job, checking the appraiser’s qualifications and additional helpful tips.

“Personal-property appraisers aren’t licensed, but reputable professionals are affiliated with at least one of the three major appraisal organizations: the Appraisers Association of America, which focuses on personal property; the American Society of Appraisers, which includes specialists in real estate and other areas; and the International Society of Appraisers. 

Credentialed members of these three associations have been tested in their specialty area and the Uniform Standards of Professional Appraisal Practice (USPAP), abide by a Code of Ethics and have to requalify every five years.

To read the entire article click here. 

Sesquicentennial Renews Interest in Civil War Collectibles

Civil War Sesquicentenial

The 150th Anniversary of the American Civil War takes place this year and continues until 2015.  There are many state and local activities scheduled to commemorate this historical event.

Appraisers need to be aware of special events such as this, and how they will affect the values for related items.   This multi-year anniversary of such an important historical event is expected to have an increase on values for Civil War artifacts and collectibles, at least temporarily.  Buyers and appraisers should also be aware that civil war artifacts are frequently faked.

More information on the planned events is available at the following websites:

Civil War Trust  http://www.civilwar.org/150th-anniversary/

Smithsonian Institution http://www.civilwar150.si.edu/

The National Archives http://www.archives.gov/exhibits/civil-war/

The National Civil War Museum

 

Top 10: Ten of the biggest auction sales of historic U.S. Civil War memorabilia

(source: Wikicollecting)