Personal Property Appraisals
As an Accredited Member of the International Society of Appraisers, Ashley Nunneley writes confidential, unbiased, well documented appraisal reports based on solid analysis. Each report is written according to both the ISA standards and the most current version of the Uniform Standards of Professional Appraisal Practice.
Nunneley Estates & Appraisals offers valuation of antiques, collectibles, furnishings, porcelain & pottery, books & ephemera, glass, crystal, fine art, prints, sculptures & bronzes, silver, silverplate, Native American jewelry, designer costume jewelry, decorative arts, general residential contents, fine wine and more. Items outside our area of expertise are evaluated by contacting other appraisers in our network.
We write appraisal reports to assist clients in obtaining insurance coverage, and in settling insurance claims. In these cases, we are usually asked to estimate the Replacement Cost, or, the amount of money it would cost to replace an article of personal property should it be lost, damaged, or destroyed. Our reports may be used by an insurance underwriter or claims adjuster.
These types of appraisals are performed for the intended uses of:
Family division among heirs
Estate appraisals (for IRS)
When making a non-cash donation of household goods, paintings, antiques and other objects of art, a Qualified Appraisal may be required by the IRS.
Our goal is to determine the fair market value of the property so that the taxpayer or taxpayers accountant can determine how much may be deducted for the donated property. Appraisals for IRS functions are done in accordance with pertinent federal and IRS code regulations.
These types of reports are requested when clients want/need to convert personal property into cash in a given amount of time. This can be for:
Client desire to liquidate
In these appraisals, we take into account the urgency to sell, the markets available to the seller for liquidation and determine who the potential buyers may be. Depending on these and other factors, valuation methods at the liquidation level differ.
Other valuation services
When a formal written appraisal is not needed, we offer:
Price tagging assistance for private sale
Oral opinions of value for liquidation purposes
Personal Property Appraisal Process
1. Consultation to determine purpose and objective of appraisal, and schedule an appointment for onsite inspection.
2. Onsite inspection and photography. Here, we gather information for the report. Condition, measurements, material, provenance and any other characteristics that may or may not affect value are recorded. Digital photographs are taken.
3. Offsite office work - research and report writing. Necessary report writing, market research and final preparation of report are performed offsite.
4. Delivery of report. Depending on your preference, we can send a photographic appraisal report electronically (PDF), and/or mail a hard copy. One is retained in our files for a period of five years after preparation of the report. (Per USPAP's Record Keeping Rule)
Our Appraisal Fees
Appraisal fees are billed at an hourly rate for time spent inspecting, documenting, researching, and report writing. We are time conscious, and work efficiently to make the most of each hour. Deposit for the low estimate of fees is required at the time of inspection. Please contact us via phone or email to request a copy of our fee schedule. Our appraisal fees are never contingent on the value conclusions found.
Appraisal Resource Materials
Subscriptions to online databases, large reference library of volumes on antiques and collectibles for use in valuation as well as a collection of current and past auction house catalogs. Access to network of expert contacts in various property categories.
The contents of each appraisal report are confidential, and we will not divulge any information regarding the assignment to anyone but the intended users without the client's written consent or a court order.