Types of Appraisals
Whether you are settling an estate, protecting your investments, or simply curious about a family heirloom, choosing the right type of valuation is essential. We provide three distinct levels of service tailored to your specific financial and legal needs.
Fair Market Value Appraisals
Designed for estate settlements, equitable distributions, or tax purposes, these formal reports reflect the price an item would sell for in its most common market. Our Fair Market Value (FMV) appraisals are USPAP-compliant documents, ensuring they meet the rigorous standards required by the IRS, attorneys, and the courts.
Insurance Appraisals
Protect your assets with a Replacement Value assessment. Unlike market value, an insurance appraisal calculates what it would cost to replace an item with a new or comparable one in the event of loss, theft, or damage. These detailed reports provide the documentation your insurance carrier needs to ensure your collection is fully covered.
Verbal Consultations
Perfect for those who need expert guidance without the formal paperwork. During a verbal consultation, we provide an informal assessment of your items, offering insights into authenticity, historical context, and estimated value. This is a cost-effective option for individuals looking to sell items privately or decide which pieces in a collection merit a formal appraisal.
Property to Consider Having Appraised
Paintings, Sculptures, Works of Art
Rugs, Antiquities, Collectibles
Furniture and Decorative Arts
Ethnographic Art
Asain Art, Silver, Ceramics, Prints
Exclusive Personal Property
Expert Appraiser
William Wallace
Offering expert appraisals for discerning collectors, executors, trust officers, corporations, financial and estate planners since 1982. Our knowledge of the art market and of insurance and trust requirements will protect our clients' investments. Whether we evaluate a single piece, an entire household, or an institutional or corporate collection, Wallace & Associates offers the highest quality services in confidentiality.
Our senior appraiser, Mr. Wallace, has extensive credentials - he has taught college-level art history courses, published articles on decorative art subjects, and gained his post-graduate education in London with Sothebys and the Victoria and Albert Museum.
