Why do you need a fine art appraisal
When a question regarding value of your personal property there is a risk involved. A professional appraisal helps you manage the following by providing a written opinion of value, upon which you can base financial decisions.
The appraisal process consists of essentially three components:
- Risk of selling to low or paying too much
- Risk of being under or over insured
- Risk of not getting your fair share in a division of property
- Risk of incurring tax penalties or being audited when claiming a deduction for charitable contribution or calculating estate taxes
- Onsite examination and documentation of personal property articles
- Research and Report writing
- The completed certified appraisal report
Located in Jacksonville, FL, Bluett Art Appraisers specializes in Fine Art appraisals including 19th, 20th and 21st century paintings, prints, and sculpture as well as decorative art including porcelain, ceramics, silver and art glass.
Julie Bluett is an accredited member of the International Society of Appraisers (ISA) and belongs to Appraisers Association of America (AAA). She is a qualified personal property appraiser experienced in writing certified appraisals for insurance and IRS purposes.
She completed formal education in appraisal theory, principles, procedures, ethics and law. Continuing education and testing are the only ways to insure compliance. Bluett understands that there are many types of values, assigned uses, and market levels. She will work with you to choose proper type of value so you can use the appraisal correctly and effectively. As a consultant, she can help you navigate the dispersal of art with confidentiality.
What is an Appraisal?
An appraisal is a written bound statement, impartially prepared by a qualified appraiser setting forth an opinion of value of personal property as of a specific date, supported by the research, presentation and analysis of relative market value.
All appraisals are written according to USPAP standards and the code of ethics of the ISA.
When Do You Need
You need a certified appraisal for the purpose of:
When an appraisal is not necessary, a Professional Opinion of Value can be provided.
- Estate and gift taxation
- Charitable donations
- Insurance Coverage
- Damage and Loss Claims
- Equitable Distribution