What Is An Antique Appraisal?

What is an antique appraisal? Learn what happens during an antique appraisal. There are a variety of different classifications for having your antiques appraised, but they can be done for an auction value...

There are a variety of different classifications for having your antiques appraised, but they can be done for an auction value which is one appraisal. They can be done for retail value which is another appraisal or they can be done for insurance purposes which is another appraisal. Each one is based on a scale, and that is really what it comes down to. For example, when the individual says, "Come on over to my house. I am thinking about having an auction. I want you to appraise all the stuff, and tell me what you think its worth." The appraiser is going to come to that individual's house and appraise it based on what the individual wants to do with the stuff. So he or she says," You want an auction value appraisal?" Whereas somebody might come over and say, "I live on fifth avenue and I would like you to come over and look at my Hepplewhite chairs." That's most likely going to be for insurance value.

© High Speed Ventures 2011